The Dutch Competition Authority considers cooperation and joint selling of network services for PIN-transactions to be an infringement of the cartel prohibition (Interpay)

Introduction Interpay is a joint venture between 8 Dutch banks ("the shareholders"), founded in 1994 to provide network services for PIN-transactions. PIN-transactions are payments with debit cards with PIN through pay machines at retailers. The network services consist of the authorization of consumers' payments and the crediting and debiting of their accounts. The shareholders use Interpay as a joint sales office through which they jointly sell these network services. As Interpay is the sole provider of network services necessary for PIN-transactions, retailers need to do business with Interpay to be able to offer PIN-payments to their customers. On 28 April 2004, the Dutch Competition Authority (Nederlandse Mededingingsautoriteit: "the NMa") issued a Decision in which it

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Marieke Bredenoord-Spoek, The Dutch Competition Authority considers cooperation and joint selling of network services for PIN-transactions to be an infringement of the cartel prohibition (Interpay), 21 December 2005, e-Competitions Bulletin December 2005, Art. N° 21867

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