Court allows Sezzle’s core monopolization and restraint of trade claims to proceed
Sezzle Purpose-driven digital payment platform, Sezzle, announced that the United States District Court for the District of Minnesota has issued an Opinion and Order granting in part and denying in part Shopify, Inc.’s motion to dismiss Sezzle’s antitrust action.
The Court allowed Sezzle’s core claims to proceed, including claims for monopolization and attempted monopolization under Section 2 of the Sherman Act, unlawful restraint of trade under Section 1 of the Sherman Act, parallel claims under the Minnesota Antitrust Law of 1971, and a claim under the Minnesota Deceptive Trade Practices Act.
Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted
The Court dismissed without prejudice Sezzle’s unlawful tying claim under Section 1 of the Sherman Act and the corresponding portion of Sezzle’s state-law antitrust claim. The remaining claims will proceed.
The case, captioned Sezzle, Inc. v. Shopify, Inc., File No. 25-cv-2395 (ECT/SGE), is pending in the United States District Court for the District of Minnesota. The Court’s ruling is procedural in nature and does not constitute a finding of liability against Shopify.
Sezzle is a forward-thinking fintech company committed to financially empowering the next generation. Through its purpose-driven payment platform, Sezzle enhances consumers’ purchasing power by offering access to point-of-sale financing options and digital payment services—connecting millions of customers with its global network of merchants. Centered on transparency, inclusivity, and ease of use, Sezzle empowers consumers to manage spending responsibly, take charge of their finances, and achieve lasting financial independence.
Catch more Fintech Insights : Finance as a Feature: The Monetization Shift in Global FinTech Platforms
[To share your insights with us, please write to psen@itechseries.com ]
