Brussels â¢ The European Commission suspects credit card company MasterCard of slugging customers in the European Union with artificially high fees.
Antitrust commissioner Margrethe Vestager said Thursday that the European Unionâs executive arm suspects MasterCard âis artificially raising the costs of card payments, which would harm consumers and retailers in the EU.â
The Commissionâs concerns focus on âinterchange feesâ paid by a retailerâs bank to the bank of customers using their MasterCard. T...
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