Thursday, 24 May 2012
The EU General Court has upheld a decision by the European Commission to force MasterCard to remove some of its interchange fees.
Tuesday, 08 May 2012
Canada’s Competition Bureau will today open its prosecution of the world’s two major credit card companies, Visa and MasterCard, in a case that it hopes will serve as a positive bellwether for future case litigation.
Monday, 23 April 2012
Scott McInnes is departing Jones Day’s Brussels competition practice to join MasterCard's in-house legal team as regional counsel for Europe.
Thursday, 13 October 2011
A professional association of automated teller machine (ATM) operators has filed a class action lawsuit against Visa and MasterCard for restrictive business practices.
Thursday, 21 July 2011
A federal court has given its final approval to a settlement agreement between the US government, and credit card companies Visa and MasterCard that officially ends the DoJ’s antitrust case against them.
Wednesday, 20 July 2011
Credit card company MasterCard and eight banks have succeeded in their appeals against a competition authority ruling that they had inflated the cost of interchange fees.
Friday, 15 July 2011
Credit card payment services company DataCell and news website Wikileaks have filed a competition complaint with the European Commission against Visa and MasterCard, alleging restrictive practices and abuse of dominance.
Premium Article - Wednesday, 02 February 2011
Italy’s Administrative Court has shelved a decision by the country’s Antitrust Authority to fine MasterCard for allegedly inflating interchange fees on credit card transactions.
Premium Article - Friday, 17 December 2010
Canada’s Competition Bureau has filed an application with the country’s competition tribunal to stop Visa and MasterCard imposing anti-competitive rules on merchants who accept their credit cards as a form of payment.
Premium Article - Friday, 19 November 2010
Credit card company MasterCard has won an appeal against Italy’s Competition Authority, after the agency rejected the company’s proposed commitments to allay concerns that it inflated the cost of interchange fees.
Premium Article - Monday, 08 November 2010
Italy’s Antitrust Authority has fined credit card company MasterCard and eight banks more than €6 million for allegedly charging inflated interchange fees on credit card transactions.
Premium Article - Tuesday, 05 October 2010
The US Department of Justice has sued American Express, saying that its merchant rules limit consumer choice and violate antitrust laws.
Premium Article - Monday, 04 October 2010
Credit card companies Mastercard and Visa are close to agreeing a settlement with the US Department of Justice’s antitrust division over its long-running investigation of merchant surcharges, according to press reports.
Premium Article - Wednesday, 16 June 2010
A national retailers' association has sued US credit card company American Express, claiming the company’s rules against merchants recommending less expensive forms of payment gives it an unfair monopoly over its products.
Premium Article - Wednesday, 06 January 2010
A federal judge has sided with financial firm Morgan Stanley in its disputed separation from Discover Financial Services, allowing the bank to collect part of an antitrust settlement Discover was awarded in 2008.
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