EU Court advises to rule against payment cards fees

Series Title
Series Details 31.01.14
Publication Date 31/01/2014
Content Type

On the 30 January 2014, the Advocate General of the European Court of Justice, Paolo Mengozzi, issued an Opinion whereby he advised the European Court of Justice to reject the appeal made by MasterCard over the fees it charges on payment transactions.
Source Link Link to Main Source http://www.euractiv.com/euro-finance/eu-court-advises-rule-payment-ca-news-533164
Related Links
ESO: Background information: MasterCard heads to court over EU ban on card fees http://www.europeansources.info/record/mastercard-heads-to-court-over-eu-ban-on-card-fees/
ESO: Background information: New rules on Payment Services for the benefit of consumers and retailers http://www.europeansources.info/record/press-release-new-rules-on-payment-services-for-the-benefit-of-consumers-and-retailers/
EUObserver, 30.01.14: Mastercard set to lose legal battle with EU over payment fees http://euobserver.com/news/122938
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