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Europe Daily Bulletin No. 9525

18 October 2007
Contents Publication in full By article 16 / 30
GENERAL NEWS / (eu) eu/competition
French Groupement des Cartes Bancaires restricts competition

Brussels, 17/10/2007 (Agence Europe) - On Wednesday 17 October, the European Commission addressed a decision to the French Groupement des Cartes Bancaires (CB), concluding that it has infringed the rules of the EC Treaty banning restrictive competition practices (article 81). The Groupement has adopted price measures which vary depending on the members, favouring large banks, and hindering the issuing of cards at competitive prices by certain members, such as on-line banks and supermarkets....

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