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Fees setback for MasterCard

2012-05-24 1 Dailymotion

Europe's second-highest court has rejected MasterCard's challenge to a European Union ban on its cross-border credit and debit card fees.<br /><br />The court ruling could mean competition regulators pursuing other card companies, such as Visa, over its fees.<br /><br />The EU ban is intended aims to break down barriers to e-commerce and cut costs for Europe's businesses.<br /><br />...<br />http://www.euronews.net/

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