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Image header Agence Europe
Europe Daily Bulletin No. 9224
Contents Publication in full By article 21 / 37
GENERAL NEWS / (eu) eu/competition

EuroCommerce welcomes Commission investigation into MasterCard

Brussels, 03/07/2006 (Agence Europe) - In a Press release, EuroCommerce welcomes the decision of the European Commission to ask for further information on inter-bank commission levied on all cross-border, and, in nine Member States, even domestic transactions. The way that MasterCard and Visa have organised the payment cards market has led to higher prices for retailers and consumers, larger profits for the banks and no incentive for new companies to enter the market, says the European...

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