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EC hits Visa Europe with interchange antitrust charge

EC hits Visa Europe with interchange antitrust charge

The European Commission (EC) has accused Visa of violating antitrust rules over cross border interchange fees just days after reaching agreement with MasterCard on the same issue –  writes Finextra.com. In a statement of objections, the EC says its preliminary view is that multilateral interchange fees set by Visa "restrict competition between banks for accepting [...]

The post EC hits Visa Europe with interchange antitrust charge appeared first on Payments Cards & Mobile.

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