CASE COMMENT: ANTICOMPETITIVE PRACTICE - RESTRICTION OF COMPETITION- LEGAL CERTAINTY

Potential competitor: The General Court confirms the Commission’s decision fining a credit card company for the refusal of its network to a bank and gives precisions on the notion of potential competitor (Visa)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 14 April, the Court of First Instance of the European Union confirmed 2011, the Commission's decision of 3 October 2007 sanctioning Visa International and Visa Europe for having refused for more than 6 years and without objective justification for access to their European payment card network to the UK subsidiary of Morgan Stanley, and, consequently, the fine of 10,20 million imposed on Visa. In so doing, the Court of First Instance clarifies the concept of potential competition. In substance, the Court of First Instance agrees with the Commission to have considered that the entry of a new player, such as the subsidiary of Morgan Stanley, would have

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Potential competitor: The General Court confirms the Commission’s decision fining a credit card company for the refusal of its network to a bank and gives precisions on the notion of potential competitor (Visa), 14 April 2011, Concurrences N° 3-2011, Art. N° 54157, www.concurrences.com

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