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The European Commission’s Decision in MasterCard: Issues Facing the Payment Card Industry for the Future

BY | April 2, 2008

This article is part of a Chronicle. See more from this Chronicle John Wotton, Apr 02, 2008 The Decision in MasterCard displays a fundamental divergence between the Commission’s and MasterCard’s…

This article is part of a Chronicle. See more from this Chronicle

John Wotton, Apr 02, 2008

The Decision in MasterCard displays a fundamental divergence between the Commission’s and MasterCard’s approaches to the analysis of the competitive effects of open payment card schemes. MasterCard’s position is that MasterCard, together with its acquirers and issuers, provide payment card services simultaneously to cardholders and merchants. The MasterCard payment service is defined as

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