MasterCard To Fight For Interchange Fees In EU High Court

Law360, New York (July 2, 2013, 6:30 PM EDT) -- MasterCard Inc. will urge the European Union's highest court on Thursday to overturn a European Commission decision banning the credit card giant's cross-border interchange fees, arguing that the antitrust watchdog improperly treated the company as if it were still a collection of banks despite its 2006 initial public offering.

The European Court of Justice is set to hear arguments Thursday as MasterCard tries once again to nix the EC's 2007 decision after the EU's General Court allowed the regulator to block the company's interchange fees for...
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