학술논문
Payment cards and permitted multilateral interchange fees (MIFs): will the European Commission harm consumers and the European payment industry?
Document Type
Journal Article
Author
Source
J.E.C.L. & Pract. 2015, 6(2), 85-95
Subject
Language
English
ISSN
2041-7764
Abstract
Comments on the European Court of Justice ruling in MasterCard Inc v European Commission (C-382/12 P) on whether multilateral interchange fees for card payments contravened EU competition law, and the Draft Regulation which proposes to cap fees. Criticises the proposal for allowing merchants to benefit unduly from accepting card payments, at the expense of consumers who will pay higher fees to issuers. Examines the merchant indifference test applied by the Commission.