FTC To Review Comdata Licensing Deals

April 18, 2000 9:15 AM, EDT

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

The commission reached a consent agreement April 6 with Comdata, the nation’s leading fleet card supplier, based in Brentwood, Tenn. The company drew agency’s 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.

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

“We never denied access to our system,” he said. “We have granted access every time a company has asked for it.”

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