Pulse Network LLC v. Visa Inc.

  1. June 17, 2024

    Discover Unit Settles Visa Card Transfers Antitrust Suit

    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."

  2. August 31, 2018

    Visa Sidesteps Texas Antitrust Suit Over Credit Card Transfers

    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.

  3. March 09, 2015

    Discover Unit Says It Has Standing In Visa Monopoly Case

    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.

  4. January 26, 2015

    Visa Contends Its Stiffer Merchant Fees Breed Competition

    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.

  5. November 25, 2014

    Discover Subsidiary Hits Visa With Texas Antitrust Suit

    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.

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