iBankCoin
Joined Nov 11, 2007
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EU to Investigate $MA for Antitrust Concerns

“BRUSSELS (Reuters) – EU regulators are investigating whether MasterCard’s card fees for non-European cardholders and business practices locking in merchants to its cards violate EU antitrust rules, as they stepped up their fight against barriers to cross-border trade.

The fresh investigation by the European Commission came six years after it banned the world’s second-largest credit and debit card network from charging cross-border card fees in Europe….”

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