ECJ Upholds Fine on Visa for Excluding Bank From Payment System

The European Court of Justice has upheld a 2007 EC decision finding that Visa infringed EU rules on restrictive business practices by refusing to admit Morgan Stanley Bank as a member to its payment card network. The Court also upheld the €10.2 million fine imposed on Visa.

This entry was posted on May 12, 2011 at 2:32 pm, filed under EU News, Section 2 Standards. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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