FICO monopolisation claims survive motion to dismiss

Davide Mamone

02 October 2023

Shutterstock/garagestock

Fair Isaac Corporation must face allegations it monopolised the market for business-to-business credit scores by imposing anticompetitive licencing clauses against three credit bureaus, a federal judge in Chicago has ruled.

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Davide Mamone

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Author | News reporter, GCR USA

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Tipline

In low Spirits: The Tipline for 6 December 2023
JetBlue’s lawyers had a lot to smile about during closing arguments. The judge presiding over the Department of Justice’s challenge to JetBlue/Spirit said he was “having problems" with blocking a deal in such a dynamic industry. But investors seemed less enthused. JetBlue’s stock dropped nearly 4% on Tuesday while Spirit’s fell more than 12% to $13.67 a share – a fraction of the $33.50 a share JetBlue committed to paying last June.
For St Pete’s Sake: The Tipline for 5 December 2023
Bidding adieu to bid competition: The Tipline for 4 December 2023

FICO monopolisation claims survive motion to dismiss

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Davide Mamone