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Europe Daily Bulletin No. 9223

1 July 2006
Contents Publication in full By article 26 / 32
GENERAL NEWS / (eu) eu/competition
Second Statement of Objections for MasterCard

Brussels, 30/06/2006 (Agence Europe) - On Friday, the European Commission confirmed that it had, on 23 June, sent a second Statement of Objections to MasterCard as it suspects MasterCard of restricting competition between banks. The Commission is concerned particularly about cross-border interchange fees. These are fees paid by merchant banks to card-issuing banks for over-the-counter payments with a MasterCard or Maestro branded payment card. The Commission considers these fees to be too...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE