TITLE

MasterCard wins victory in interchange dispute

PUB. DATE
March 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 3, p47
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the reversal of the Competition Appeals Tribunal of the decision of the British Office of Fair Trading (OFT) on the interchange fee arrangements of Mastercard International Inc. The move is a victory on the part of the company. The decision of the OFT emphasizes that the fees set by the company infringed competition rules in the country. Noah Hanft of the company admits that the fees are lawful and does not violate competition laws.
ACCESSION #
21645037

 

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