EU Hits Mastercard With Charges Over Retailer Fees

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EU Hits Mastercard With Charges Over Retailer Fees

Regulators in the European Union have been keeping a close eye on credit card companies for the last few years, and apparently with good reason.

The EU’s antitrust regulator announced on Thursday that following a two-year investigation, the EU had filed anticompetition charges against MasterCard on Thursday. The charges against Mastercard come three years after the announcement of a still ongoing investigation into credit card giant Visa.

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