Chile’s National Economic Prosecutor (FNE) has submitted a report entitled ‘Proposals for methodologies for price-setting of processing and acquiring services provided by [electronic payment processing company] Transbank”, elaborated by the civil engineer Juan Eduardo Pérez. The report contains a series of recommendations to eliminate distortions between businesses assigned to different categories, such as pharmacies in relation to supermarkets, which are created by the tariff structure passed in 2006 and contained in the Transbank Self-Regulation Plan (PAR).
Among these recommendations is to set maximum rates on what Transbank may charge for its services. “In cases where you want to offer discounts that would bring rates below the guidelines, certain restrictions must be established that can prevent these discounts from generating unjustified discrimination.’, said the report.
Likewise, the regulator advised that the system be based on costs. “The implementation of a tariff scheme based on efficient costs leads to a set of tariffs that allow remuneration for Transbank’s activities and avoid discrimination among businesses due to causes not strictly related to the costs of providing the service”
Full Content: Pulso
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI