Brussels, 03/08/2004 (Agence Europe) - The European Commission has announced that it had sent a Statement of Objections to the international Visa banking association, whose rules state that the Visa International Board shall not accept for membership any applicant deemed by the Board to be a competitor of Visa. The Commission considers that the rule is not applied objectively and in a non-discriminatory manner regarding the American bank Morgan Stanley Dean Witter (MSDW).
Further to a...