The European Commission invited interested parties to comment on the commitments separately proposed by Visa and MasterCard in the Interregional Interchange Fees (Inter-regional MIFs) case on Tuesday 4 December.
This consultation echoes the statements of objections sent to MasterCard in July 2015 (see EUROPE 11355) and to Visa in August 2017. In these communications, the Commission expressed concern that the level of inter-regional MIFs, which both companies determine by default,...