Robert Besser
26 May 2025, 20:26 GMT+10
BRUSSELS, Belgium: European Union antitrust regulators are examining fees imposed by payment giants Visa and Mastercard, Bloomberg News reported this week, adding to the mounting scrutiny of global card networks.
The investigation reportedly focuses on whether the fees charged by the two companies may violate EU competition rules. Both firms have previously been probed over cross-border payment practices and interchange fees in the region.
Spokespersons for Visa and Mastercard did not immediately respond to Reuters' requests for comment.
Get a daily dose of South America Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South America Times.
More InformationBUENOS AIRES, Argentina: The Archbishop of Buenos Aires, Jorge García Cuerva, used a major religious event over the weekend to criticize...
CIUDAD JUAREZ, Mexico: In a first-of-its-kind judicial election in Mexico, more than 5,000 candidates are vying for over 840 federal...
ZERMATT, Switzerland: Five skiers were found dead on a mountain in Switzerland near the popular ski resort of Zermatt, officials said...
TORONTO, Canada - Tens of thousands of people from across Canada have marched in support of Israel in a massive turnout in Toronto....
BOSTON, Massachusetts: U.S. President Donald Trump's administration has taken away Harvard University's right to enroll international...
WASHINGTON, DC - U.S. President Donald Trump on Monday said he believed God was behind his election loss in 2020, even though he has...
BUENOS AIRES, Argentina: The Archbishop of Buenos Aires, Jorge García Cuerva, used a major religious event over the weekend to criticize...
SAO PAULO, Brazil: Amid a surge in electric vehicle (EV) adoption and growing competition in Brazil, Chinese automaker GAC has officially...
Panama City [Panama], May 29 (ANI): Congress MP Shashi Tharoor-led delegation on Wednesday (local time) met with President of the Republic...
Panama City [Panama], May 29 (ANI): Congress MP Shashi Tharoor-led delegation on Wednesday (local time) met with Panamanian Foreign...
Panama City [Panama], May 28 (ANI): The all-party Indian parliamentary delegation led by Shashi Tharoor paid floral tributes to the...
New Delhi [India], May 28 (ANI): Congress leaders Pawan Khera and Jairam Ramesh have endorsed Udit Raj's criticism of Shashi Tharoor's...