ACCC deals the cards on payment networks
8 June 2022
The ACCC has commenced proceedings against Mastercard’s Australian subsidiary and its regional affiliate (Mastercard Asia/Pacific (Australia) Pty Ltd (Mastercard Australia) and Mastercard Asia/Pacific Pte Ltd (Mastercard Singapore), respectively), alleging they engaged in conduct that had the purpose of harming or interfering with the competitive process in the supply of debit card acceptances services, thereby preventing or hindering competition.
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