The EU General Court confirms fine on a leading payment card company for market foreclosure (Morgan Stanley/Visa)

On 14 April 2011, the General Court (“GC”) handed down its judgment on Visa‘s appeal against a 2007 Commission decision relating to Visa‘s refusal to admit Morgan Stanley as a member of its payment card network (see VBB on Competition Law, Volume 2007, No. 10). In its judgment, the GC rejects Visa‘s appeal and upholds the fine imposed by the Commission on Visa

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU General Court confirms fine on a leading payment card company for market foreclosure (Morgan Stanley/Visa), 14 April 2011, e-Competitions Bulletin April 2011, Art. N° 41133

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