The EU General Court issues judgment on tariff arrangement within payment card cartel (Groupement des Cartes Bancaires)

On 29 November 2012, the General Court (“GC”) handed down its judgment on the appeal by Groupement des Cartes Bancaires (“GCB”) against a Commission decision finding that GCB restricted competition with certain fees and tariffs which hindered the issuance of payment cards in France at competitive rates by certain member banks. The General Court dismissed GCB’s appeal in its

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU General Court issues judgment on tariff arrangement within payment card cartel (Groupement des Cartes Bancaires), 29 November 2012, e-Competitions Bulletin November 2012, Art. N° 58212

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