Retail trade group to opt out of $7.2 billion credit card-fee pact
NEW YORK - A major retail trade association said Wednesday it will reject a proposed $7.2 billion settlement with credit-card giants Visa Inc and Mastercard Inc over card fees, calling it a "bad deal" for nearly 8 million U.S. merchants.
association
billion
mastercard
million
settlement
visa
york
Found 1 month ago on channel
Reuters
MasterCard under EU fire over payment card fees
BRUSSELS - MasterCard is under investigation by the European Union over the level of fees tourists to the EU are charged when using cards to make purchases, which the EU competition regulator said could hamper cross-border trade.
brussels
competition
european union
investigation
mastercard
payments
tourists
Found 1 month ago on channel
Reuters
EU to Probe MasterCard
The European Union has opened an antitrust investigation into MasterCard, following concerns that some of the credit-card company's interbank fees are anticompetitive.
european union
investigation
mastercard
MasterCard vows to cooperate with fresh EU probe
European regulators launched a probe into MasterCard’s fees and practices, echoing one into Visa.
european
mastercard
practices
visa
EU antitrust regulators to investigate MasterCard card fees
BRUSSELS - 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.
brussels
business
mastercard
non-european
practices
Found 1 month ago on channel
Reuters