Tag: MasterCard
EU Regulators Eye Mastercard’s $3.2B Bid For Nets
The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go...
EU To Rule On Mastercard’s Scandinavian e-Pay Deal By August
EU antitrust regulators will decide by August 3 whether to clear Mastercard’s bid for part of Scandinavian payments group Nets, according to a European...
Mastercard, Visa Face Payouts After UK Court Case
The UK’s top judges ruled in favor of retailers including J Sainsbury in a blow to credit-card companies that could now face billions of...
UK Supreme Court Rules Mastercard, Visa Violated Anti-Competition Laws
Two of the world’s largest credit card companies have lost their bid to assess fees on retailers in the United Kingdom.
Britain’s Supreme Court has...
In Defense of Class Actions: A Response to Makan Delrahim’s Commentary...
By Michael D. Hausfeld, Irving Scher & Laurence T. Sorkin1
I. Introduction
Few would argue with the proposition that, in the antitrust context, indirect purchaser class...
Are Payment Card Systems’ Multilateral Interchange Fees Anticompetitive by Object under...
By Csongor István Nagy (University of Szeged)1
I. Background
Hungarian banks fixed the interchange fee to be used in the two major payment card systems (MasterCard...
MasterCard Faces UK Supreme Court Over Antitrust Class Action Suit
MasterCard faces two days in front of Britain's highest court to determine whether it potentially owes every adult in the UK a collective £14billion,...
Merricks v. Mastercard: “Passing on” the U.S. Experience
By Makan Delrahim (Assistant Attorney General, Antitrust Division, U.S. Department of Justice)1
I. Introduction
The mission of the Antitrust Division of the U.S. Department of...
Mastercard Gets OK To Join China’s Payments Market
China’s central bank gave Mastercard the go-ahead on Tuesday, February 11, to set up a bank card clearing business, granting access to a US$27...
Mauritius: Regulator says Visa and MasterCard interchange fees are anticompetitive
The Competition Commission of Mauritius has ordered Visa and MasterCard to cap their interchange fees after finding the credit card issuers abused their dominance...
