The EU Commission opens investigations into a credit card company regarding its inter-bank fees (Mastercard II)

Antitrust: Commission opens investigation into MasterCard inter-bank fees* The Commission has opened formal proceedings to investigate whether MasterCard may be hindering competition in the European Economic Area (EEA) with regard to payment cards, in breach of EU antitrust rules. The Commission has concerns that some of MasterCard's inter-bank fees and related practices may be anti-competitive. An opening of proceedings does not prejudge the outcome of the investigation. Payment cards are of crucial importance across the EU internal market, in particular for purchases across borders or over the internet. European consumers and businesses are making more than 40% of their

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European Commission, The EU Commission opens investigations into a credit card company regarding its inter-bank fees (Mastercard II), 9 April 2013, e-Competitions April 2013, Art. N° 88977

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