EC Nears Completion Of MasterCard Probe
The Commission's decision in the matter will close an antitrust case filed last summer, alleging that MasterCard restricted business practices by charging retailers for accepting MasterCard- and Maestro-branded cards.
The Commission said if it finds that the fees are anti-competitive between merchant banks, MasterCard may have to stop charging retailers interchange fees.
The European Commission's 220-page document...
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