Western Union quizzed by EU on money transfer activities

EurActiv reported in February 2016 that US-based money transfer services provider Western Union had been questioned by anitrust regulators over its activities in the European Union, focusing on whether agreements with its agents were anti-competitive.

A spokesperson from the European Commission said the antitrust authority was closely monitoring competitive conditions in the money transfer market.

Bloomberg, 23.02.16: Cash-Transfer Market Probed as Western Union Quizzed by EU http://www.bloomberg.com/news/articles/2016-02-23/western-union-questioned-by-eu-in-money-transfer-antitrust-probe

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