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France: Edenred will appeal regulator’s decision

By  |  December 18, 2019

Payment solutions company Edenred published a press release stating that it opposes the decision of the French Antitrust Authority and will appeal. Edenred has taken note of the French Antitrust Authority’s decision as notified Wednesday, December 18, to French meal voucher industry association Centrale de Remboursement des Titres and to several French companies operating in the meal voucher sector, including Edenred France.

Edenred denies the two allegations made by the French Antitrust Authority and will appeal the Antitrust Authority’s decision before the Paris Court of Appeal and has requested that it be set aside.

Edenred stated that it does not share the Antitrust Authority’s analysis, notably its assessment of competition on the French meal voucher market. The company claims the abundance of players, the wealth of innovations, and the diversity of solutions, notably digital ones, offered to clients, merchants, and users, attest to the openness and highly dynamic nature of the meal voucher market in France.

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