TRUSTED PARTNER TO LEADING MULTINATIONALS
COURT ANNULS COMPETITION AUTHORITY DECISION ON MASTERCARD INTERCHANGE FEES
27 October 2011
The Administrative Court of Lazio has annulled the Competition Authority's decision against MasterCard's domestic interchange fees. This is the first case in which the court, following the European Court of Justice's precedent in Alrosa, has limited the authority's broad discretion in rejecting undertakings and has annulled one of its decisions solely because the parties' undertakings were unlawfully rejected.
RELATED NEWS
20 July 2011
Credit card company MasterCard and eight banks have succeeded in their appeals against a competition authority ruling that they had inflated the cost of interchange fees.
EU PAYMENT ASSOCIATE
The current environment has rapidly accelerated the trend towards digital payments.
We are looking for an Associate with excellent academic performance and a desire to specialize in EU payments regulation.
Integrity, diversity and creativity are the name of the game at De Matteis Law.
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We offer competitive salaries and an energetic, motivated and collaborative environment. We are interested in the success of our team and encourage individual development through constant feedback.
In particular, we offer:
We are based in Rome and Brussels and have a highly successful practice in regulation of payments in Europe.
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