June 17, 2024
Pulse Network LLC gave notice Friday that it has settled its antitrust suit accusing Visa of locking banks and merchants into its debit network, resolving decade-old litigation two years after the Fifth Circuit revived the suit and ordered its reassignment away from a judge harboring "ingrained skepticism."
August 31, 2018
A Texas federal judge ruled Friday that Discover Financial Services Inc. unit Pulse Network LLC does not have standing to bring its antitrust suit against Visa Inc., saying that other competitors have since adopted credit card transfer pricing strategies similar to the ones that Pulse is challenging.
March 09, 2015
Discover Financial Services unit Pulse Network LLC on Friday urged a Texas federal court to reject Visa Inc.'s bid to dismiss its antitrust suit against the company, saying that it has standing to sue because it has suffered injury at the hand of Visa's monopoly of debit services.
January 26, 2015
Visa Inc. asked a Texas federal judge to throw out Pulse Network LLC's antitrust suit for failing to state any claims that show Visa holds a monopoly on a network of debit services, arguing Friday that its fee increases are in fact competitive.
November 25, 2014
Discover Financial Services' Pulse Network LLC sued Visa Inc. in Texas federal court on Friday, accusing the credit card company of holding a monopoly on a network of debit services to keep competitors at bay.