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Visa has been penalised $18 million for attempting to block the expansion of its rivals in Australia. Justice Michael Wigney of the Federal Court handed down the penalty plus $2 million in legal costs against Visa saying it should send a clarion call to multinationals operating in Australia that it would not tolerate conduct that contravened [...]

The post Australia court fines Visa $12.6m for anti-competitive conduct appeared first on Payments Cards & Mobile.

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