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anti-competition

EU attacks Visa Europe Inc. The card network denies unfairness of its fees

April 7, 2009 - 2:39am | Law aspects | News
EU attacks Visa Europe Inc. The card network denies unfairness of its fees

European Commission charged Visa Europe Inc. with anticompetitive practices in what relates to payment-card fees as MasterCard last week settled the issue with the European regulator. According to the commission Visa’s fee structure prevents competition among its issuing banks and makes stores accepting credit cards to incur high costs.
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anti-competition | commissions | Credit card | interchange fee | payments | Visa Europe Inc.
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