The Polish Competition Authority holds that the joint setting of domestic interchange fee for payment cards is contrary to both Polish and EC competition law (Visa / MasterCard)

Following a complaint from 2001, the President of the Office of Competition and Consumer Protection (hereafter: the OCCP President) issued on December 29, 2006, a decision declaring the joint setting of domestic interchange fee rates separately in Visa and MasterCard four-party payment card systems in the national market for acquiring services, contrary to Article 5 paragraph 1 (1) of the Act of 15 December 2000 on Competition and Consumer Protection (hereafter: ACCP) and Article 81 (1) of the EC Treaty. The discontinuation of these practices was ordered by an immediate enforceability order, and a total fine of PLN 164 million (about € 42 million) was imposed on the participants (twenty banks). The purchase of goods/services by a customer through card payments in a four-party payment

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  • French National Research Agency - ANR (Paris)

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Joanna Faruga, The Polish Competition Authority holds that the joint setting of domestic interchange fee for payment cards is contrary to both Polish and EC competition law (Visa / MasterCard), 29 December 2006, e-Competitions Effect on interstate trade, Art. N° 13137

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