Jet Courier Services, Inc., Pdq Air Services, Inc., Dixie Airways, Inc. v. Federal Reserve Bank of Atlanta

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that the 1980 Deregulation and Monetary Control Act made Federal Reserve services “available to all banks”
• explaining that the law establishing Section 248a provided that nonmember banks could receive check clearing and collection services “at the same fees charged member banks”
• explaining that the services offered by Federal Reserve Banks under § 248a “are to be made available to nonmember depository institutions at the same fees charged to member banks”
• stating that, pursuant to the MCA, “services . . . formerly provided to member banks only will be available to all banks, regardless of whether or not they are members”
• plaintiffs established standing where they supplied customer affidavits showing they would “suffer economic loss flowing from” the defendants’ conduct
• Congress did not intend to protect competitive positions of private collection services

Source: CourtListener parenthetical corpus (CC0).