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TALLAHASSEE, Fla. — Florida Attorney General James Uthmeier has issued a civil subpoena to Fair Isaac Corporation, the company behind the FICO Score, as his office investigates whether the credit-scoring giant engaged in anticompetitive conduct that harmed Florida consumers.
Uthmeier issued a Civil Investigative Demand, or CID, to FICO on July 1, 2026, ordering the company to produce documents and answer questions to determine whether it violated the Florida Antitrust Act.
“Floridians deserve fair access to credit—not a system controlled by one company that repeatedly jacks up prices and blocks competition,” Uthmeier said. “These skyrocketing costs are passed directly to consumers, making it harder for families to buy homes, finance cars, and secure essential services. My office will not tolerate monopoly abuse that harms Florida families.”
FICO issues approximately 27 million credit scores daily, and its scores are used in more than 90% of U.S. lending decisions. The company’s practices shape how Floridians purchase homes and cars and access services including banking, insurance, telecom and utilities.
The attorney general’s office said FICO has maintained a monopoly in the business-to-business credit scoring market for decades. In recent years, the office said, prices have increased dramatically — from under $1 per score to as high as $10 — alongside allegations of predatory pricing, illegal product bundling, exclusionary contracts with major credit bureaus, and efforts to impede competitors.
The CID requires FICO to produce all documents previously provided in ongoing federal antitrust litigation, along with additional materials including internal assessments of market share and competitive position; license agreements and contracts with major credit bureaus, including negotiations over royalty rates, pricing tiers and any “no equivalent products” clauses; documents related to communications with credit bureaus about competitors; and pricing histories and changes for FICO scoring products.
The subpoena also includes questions about FICO’s competitors, antitrust compliance personnel and training, and internal antitrust reviews.
FICO must comply by Aug. 5, 2026.
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