TAGS: Mastercard-European Union
12 July 2015
The European competition authorities accuse the company that violates fair competition regulations.
The principles of the European Union formally appealed against MasterCard, accusing it of violating the regulations on fair competition, increasing the cost of payments through credit cards.
The classes, after two years of research, is another step in a series of legal disputes between EU and US credit card companies, such as credit card charges Visa.
“We suspect that the MasterCard increases artificially the cost of credit card payment. These supplies are detrimental to consumers and retailers in the EU, “said EU Competition Commissioner Margrethe Vestagker.
Mastercard- European Union