Payments News -

ECJ vindicates ban on anti-competitive card fees

The European Court has today upheld the Commission’s 2007 decision on MasterCard, ruling that the MIF set ‘a floor under the costs charged to merchants and thus constituted a restriction of price competition that was to their detriment.’  EuroCommerce and the European Retail Round Table (ERRT) applaud this excellent ruling. EuroCommerce Director-General Christian Verschueren said, [...]

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