Brussels, 19/12/2007 (Agence Europe) - On 19 December, the European Commission decided that the multilateral interchange fees (MIFs) applied by MasterCard constitute a restrictive commercial practice, in violation of Article 81 of the EC Treaty. This decision comes further to a sectorial investigation carried out in 2005 and 2006 by the Commission on the field of retail banking. It noted that MIFs represent a risk to the creation of the Single Euro Payments Area (SEPA), whilst in five...