The Italian administrative court of first instance annuls the decision of the National Competition Authority which fined a credit card company and eight Italian licensee banks for violating Art. 101 TFEU in relation to domestic interchange fees (Mastercard)

Background The judgement in comment (Judgement of TAR of Lazio n. 6171 of 11 July 2011) has annulled the final decision of the Italian Antitrust Authority ("IAA") of 3 November 2010 ("IAA Decision") which closed the proceeding against Mastercard and eight Italian banks ( the "Parties") and fined the Parties for an alleged violation of Art. 101 TFEU consisting in the fixation and application of uniform and common domestic multilateral interchange fees ("MIF"). The IAA Decision annulled by the TAR Lazio The IAA Decision ascertained the following two infringements of Art. 101 TFEU by Mastercard and the licensee banks: (i) The decision by Mastercard to set new uniform and common MIF for the Italian market was considered as a decision of an association of undertakings which was

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Denis Fosselard, Valerio Mosca, Stefania Amoruso, The Italian administrative court of first instance annuls the decision of the National Competition Authority which fined a credit card company and eight Italian licensee banks for violating Art. 101 TFEU in relation to domestic interchange fees (Mastercard), 11 July 2011, e-Competitions Bulletin Commitment Decisions, Art. N° 38149

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