Brussels, 11/09/2014 (Agence Europe) - On Thursday 11 September, the Court of Justice of the EU rejected (case C-382/12 P) MasterCard's appeal against the verdict of the General Court (T-111/08) upholding the decision by the Commission in December 2007 banning the multilateral interchange fees (MIF) applied within the MasterCard card payment system.
The Commission banned these MIFs, which correspond to a proportion of the price of a card transaction passed on to merchants by MasterCard and...