Tag: payment

Turkish Authority Settles Major Probe into Mastercard and Visa

In a pivotal decision for the Turkish financial sector, the Turkish Competition…

Tribunal Rules on Energy Prepayment Antitrust Claim Against PayPoint

A recent judgment by the Competition Appeal Tribunal has resolved a damages…

Worldline’s Strategic Retreat Continues Amid Ongoing Pressure

Worldline SA has entered exclusive negotiations to sell its New Zealand payments…

FTC Warns Payment Giants Over Alleged Debanking Practices

The Chair of the U.S. Federal Trade Commission (FTC), Andrew N. Ferguson,…

DOJ Awards First $1 Million Antitrust Whistleblower Payment

The U.S. Department of Justice’s Antitrust Division has issued its first-ever whistleblower…

UK Tribunal Greenlights £656 Million Action Against Video Game Giant Valve

In a major blow to the world’s leading PC gaming platform, the…

Latvia Identifies Unfair Payment Practices in Fresh Produce Supply Chain

The Latvian Competition Council (KP) has concluded a market surveillance exercise into…

Major U.S. Retailers Urge Court to Reject Visa–Mastercard Antitrust Settlement

Walmart and other major retailers have formally objected to a proposed antitrust…

EU Reaches Agreement to Strengthen Payment Services and Combat Online Fraud

The European Parliament and the Council have reached a provisional agreement on…

Visa and Mastercard Propose $38 Billion Swipe Fee Settlement

Visa and Mastercard have announced a revised $38 billion settlement aimed at…

TPG Tables €1 Billion Binding Bid for Nexi’s Digital Banking Arm

U.S. private equity firm TPG has submitted a €1 billion (approximately $1.15…

Competition Appeal Tribunal Finds Apple in Breach of UK and EU Competition Law

The UK Competition Appeal Tribunal has ruled that Apple breached UK and…