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Heartland Sues MICROS, Merchant Link and Chase Paymentech

Tags » Check Conversion, Merchant Acquirers, Merchant Link  » Comments (0)

Heartland Payment Systems has announced it has "filed an antitrust action against MICROS Systems, Inc.; Merchant Link, LLC; and Chase Paymentech, owner of Merchant Link. The suit, filed in United States District Court in New Jersey, alleges the three companies have caused increased processing prices for table-service restaurants through an anti-competitive tying arrangement which violates the Sherman Antitrust Act and New Jersey's unfair competition laws." The text of Heartland's complaint icon_PDF_small.gif is available online.



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