EU Antitrust Probe Targets Visa’s Retailer Fees, Examines Impact on Competition
EU Commission Launches Antitrust Probe Into Visa’s Retailer Fees The European Commission (EC) has opened a preliminary investigation into fees charged by Visa to retailers. This probe follows a recent report indicating that both Visa and Mastercard are under scrutiny for potentially harming competition in the payments market. Allegations of Anti-Competitive Practices The EC informed…