login
login

Europe Daily Bulletin No. 11355

10 July 2015
Contents Publication in full By article 18 / 35
ECONOMY - FINANCE / (ae) antitrust
MasterCard accused of inflating card payment charges

Brussels, 09/07/2015 (Agence Europe) - The European Commission has reason to believe that the company MasterCard may have inflated the payment charges for certain international transactions carried out by credit card, and sent the company a statement of objections on 9 July to notify it of this.

The Commission's preliminary view is that the rules practised by MasterCard prevent banks from offering lower interchange fees to retailers based in another member state of the European Economic...

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
ECONOMY - FINANCE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
NEWS BRIEFS