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Antitrust regulator slams MasterCard

Antitrust regulator slams MasterCard

MasterCard faces formal antitrust investigations in Europe after the European Commission accused the card giant of “artificially raising the costs of card payments.” The Commission issued its statement of objections to MasterCard’s cross-border rules and inter-regional interchange fees on 09 July 2015.  This outlines their preliminary view that MasterCard’s rules prevent banks from offering lower [...]

The post Antitrust regulator slams MasterCard appeared first on Payments Cards & Mobile.

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