CASE COMMENT: MERGER - CLEARANCE - NON COMPETE CLAUSE

Previous cooperation: The French Competition Authority clears an acquisition in the payment cards sector (Carte Bleue / Visa Europe)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In its Decision No 09-DCC-79 of 16 December 2009, the Authority authorised Visa Europe Limited, which offers to its members national and international payment systems under the Visa brand, to acquire the SAS Carte Bleue. Visa Europe grants a licence to member banks for the use of its system, so that they can issue payment cards and acquire shopkeepers. It is therefore not present on the market for the issue of cards, on which banks compete to issue cards to individuals, nor on that of merchant

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Author

  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Previous cooperation: The French Competition Authority clears an acquisition in the payment cards sector (Carte Bleue / Visa Europe), 16 December 2009, Concurrences N° 2-2010, Art. N° 65318, “www.concurrences.com”

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