FTC To Review Comdata Licenses

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The Federal Trade Commission, bent on keeping Comdata Corp. from limiting competition in the fleet card industry, has obtained authority to approve the company鈥檚 licensing agreements.

The commission reached a consent agreement April 6 with Comdata, the nation鈥檚 leading fleet card supplier, based in Brentwood, Tenn. The company drew agency鈥檚 attention with the $50 million purchase of its most significant competitor, NTS Corp., in 1998. It raised concerns at FTC that Comdata could block the use of competing fuel cards.

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Mike Brewer, a spokesman for Comdata, said the company was pleased with the agreement.

鈥淲e never denied access to our system,鈥 he said. 鈥淲e have granted access every time a company has asked for it.鈥



For the full story, see the Apr. 17 print edition of Transport Topics. .

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