Remedies: The French Competition Authority validates the remedies offered by banks on interchange fees, levies and one-off direct debit arrangement (Fédération bancaire française)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. After commitments relating to commissions on transactions settled by bank cards, made mandatory by Decision No. 11-D-11 of 7 July 2011, the second part of the file opened as a result of the complaint from the Federation of Commerce and Distribution Companies (FCD) joined in 2011 by the Association for the Defense of Users of Means of European Payments (ADUMPE), the one concerning interbank commissions on direct debits, TIPs and other cashless payment methods, reaches its term. By Decision No. 12-D-17 adopted today, 5 July 2012, the Competition Authority makes the commitments binding, substantially improved according to the Adlc compared to those who had

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.