The UK Competition and Market Authority decides to close its investigations following approval of European interchange fees regulation (MasterCard / Visa)

UK Competition and Market Authority Shuts Down MasterCard and Visa Probes Following Approval of European Interchange Fees Regulation* The UK Competition and Markets Authority (“CMA”) announced on Wednesday that it is closing its investigations into MasterCard’s and Visa’s multilateral interchange fees (“MIF”) on the grounds of administrative priorities. The CMA reached its UK domestic decision in light of the approval by the Council of the European Union of the long-awaited Interchange Fee Regulation (“IFR”) on April 20, 2015. The IFR will become effective 20 days after its publication in

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  • Constantine Cannon (London)

Quotation

James Ashe-Taylor, The UK Competition and Market Authority decides to close its investigations following approval of European interchange fees regulation (MasterCard / Visa), 6 May 2015, e-Competitions Bulletin May 2015, Art. N° 73542

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