Insights

This article was written by​ Dr Annalies Muscat and Dr Laura Spiteri.​Following the issue of a Statement of Objections by the European Commission (the 'Commission') against Visa and MasterCard regarding the competition concerns raised by inter-regional interchange fees ('inter-regional MIFs') for payment card transactions, the Commission is inviting any interested parties to comment on the commitments that have been proposed by Visa and MasterCard separately. Inter-regional MIFs are fees applicable to payments made in the European Economic Area (the 'EEA') using debit or credit cards which had been issued outside the EEA. The Commission had issued a Statement of Objections against…

This article was written by​ Dr Annalies Muscat and Dr Laura Spiteri.​Following the issue of a Statement of Objections by the European Commission (the 'Commission') against Visa and MasterCard regarding the competition concerns raised by inter-regional interchange fees ('inter-regional MIFs') for payment card transactions, the Commission is inviting any interested parties to comment on the commitments that have been proposed by Visa and MasterCard separately. Inter-regional MIFs are fees applicable to payments made in the European Economic Area (the 'EEA') using debit or credit cards which had been issued outside the EEA. The Commission had issued a Statement of Objections against…