Home Tags MasterCard

Tag: MasterCard

Mastercard

UK Supreme Court Allows $18.5B Mastercard Class Action To Proceed

A UK high court class action lawsuit brought by 46 million consumers could cost Mastercard £14 billion (US$18.6 billion) now that a court decision...
Mastercard

EU Approves Mastercard Takeover Of Nets, With Concessions

The European Commission has approved the €2.85 billion (US$3.4 billion) take-over by Mastercard of key business units of Nets, subject to the transfer of...
Mastercard

EU OKs Buy Of Nets’ Account-To-Account Payment Business By Mastercard

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Nets' account-to-account payment business by Mastercard.  The decision is conditional on...
Mastercard

Mastercard Offers EU Concessions In Nets Deal

Mastercard has offered concessions in an attempt to address EU antitrust concerns about its planned purchase of part of Scandinavian payments group Nets, according...
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...
e-Pay

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...
credit cards mastercard

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 Law

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...
Follow the Leader fishes

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...
Card Payment

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...
Enable Notifications    OK No thanks