The Belgian Competition Authority accepts commitments and closes proceedings for breach of Art. 82 EC on electronic payment services and debit card terminals markets (Banksys)

Background Following an investigation initiated by the Belgian Ministry of Economy in 2000 and two complaints lodged by small businesses associations in 2002, an enquiry was launched on 29 June 2004 by the Belgian Competition Council (Conseil de la concurrence) about alleged anticompetitive practices of Banksys S.A. on both electronic payment services and debit card terminals markets [1]. On 31st August 2006, the Conseil de la concurrence decided to close proceedings following commitments from Banksys to put an end to its alleged abuses. Banksys operates the Belgian debit card system Bancontact / Mister Cash,

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  • Autorité de contrôle prudentiel

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David Revelin, The Belgian Competition Authority accepts commitments and closes proceedings for breach of Art. 82 EC on electronic payment services and debit card terminals markets (Banksys), 31 August 2006, e-Competitions Bulletin Financial services, Art. N° 12426

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