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Miller Thomson LLP | Canada | 11 Oct 2022

2022 MasterCard rule changes applicable to subscription payments

MasterCard has recently proposed changes to its credit card processing rules which, if implemented, will impact a broad range of “merchants” including…
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Lexology PRO | European Union, United Kingdom | 5 Oct 2022

Court of Appeal upholds summary judgment denial in UK interchange fee claims

A UK appellate court has rejected an appeal by over 680 merchants seeking summary judgment in their interchange fee claims against Visa and Mastercard, ruling that the country’s specialist competition tribunal did not contradict previous precedent when rejecting the application.
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Lexology PRO | European Union, Switzerland | 26 Aug 2022

Swiss enforcer lifts interim measures on Mastercard

Switzerland’s Competition Commission has lifted interim measures it imposed on Mastercard in an abuse of dominance probe after a local court suspended them for being disproportionate and unnecessary.
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Lexology PRO | Central & South America, Colombia | 1 Aug 2022

Visa and Mastercard hit with interim measures in LatAm fintech probe

Colombia’s antitrust enforcer has joined a Chilean court in ordering Visa and Mastercard to stop threatening sanctions on banks that use rival transaction processing services to simplify international payments and save on hefty fees.
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Lexology PRO | United Kingdom | 8 Jul 2022

UK tribunal opposes sampling to establish pass-on for interchange fee claims

The UK’s Competition Appeal Tribunal will not use a sample of test cases to assess whether businesses claiming damages as a result of Mastercard and Visa’s illegal interchange fees passed on any losses.
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King & Wood Mallesons | Australia | 8 Jun 2022

ACCC deals the cards on payment networks

The ACCC has commenced proceedings against MasterCard’s Australian subsidiary and its regional affiliate (MasterCard Asia/Pacific (Australia) Pty Ltd…
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Lexology PRO | Asia-Pacific, Australia, China, etc. | 2 Jun 2022

Asia-Pacific: key compliance updates (17 – 31 May)

Thailand’s Personal Data Protection Act enters into force, the ACCC starts proceedings against Mastercard for anti-competitive practices, and Hong Kong charges man for doxxing – plus other key updates.
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Lexology PRO | Asia-Pacific, Australia | 1 Jun 2022

ACCC narrows financial services priority to digital payments

Payments markets will be the focus of the Australian Competition and Consumer Commission’s financial services work over the next year – including investigating allegations of anticompetitive conduct, the head of the agency has said.
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Wolters Kluwer Asia-Pacific | Australia | 30 May 2022

ACCC alleges Mastercard misused its market power

The ACCC is suing MasterCard for agreeing to give discounts for credit card transactions to over 20 major retailers, provided they used MasterCard…
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Lexology PRO | United Kingdom | 18 Mar 2022

CAT refuses to split ATM operator’s trial against Mastercard and Visa

The UK’s Competition Appeal Tribunal has rejected an ATM operator’s attempt to divide its standalone antitrust damages trial against Mastercard and Visa into separate hearings on liability and quantum, as doing so would cause delay and hamper settlement discussions.
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