Decoding the digital competition law; AI's impact on IT hiringIndia’s consumer internet firms have voiced their disapproval of the ex-ante framework in the proposed digital competition law. This and mo...
14 Mar, 2024, 07.58 AM IST
Capital One to Acquire Discover in $35.3 Billion DealCapital One to Acquire Discover: "A space that is already dominated by a relatively small number of megaplayers is about to get a little sm...
20 Feb, 2024, 01.15 PM IST
Visa’s pricing of token technology under DOJ probe: reportThe DOJ's antitrust probe against Visa, which began in early 2021, is investigating if the company uses anticompetitive practices in the de...
16 Aug, 2023, 09.08 PM IST
Mastercard reports US antitrust probe of debit card program"Mastercard is cooperating with the DOJ in connection with the CID," the company said in the filing.
27 Apr, 2023, 10.16 PM IST
Visa and Mastercard face new set of legal challengesA federal judge Friday refused Visa's request to be dismissed from a case that claims it conspired to help MindGeek, parent company of the ...
02 Aug, 2022, 11.50 AM IST
Visa, Plaid call off merger following antitrust pressureAfter Visa bid to buy Plaid, politicians and antitrust experts argued the deal would give Visa even more power over how customers and busin...
13 Jan, 2021, 08.49 PM IST
Brazil suspends WhatsApp's new payments systemThe central bank said in a statement that rolling out the service without previous analysis by the monetary authority could damage the Braz...
25 Jun, 2020, 12.10 AM IST
EU fines Mastercard 570 mln euros over cross-border barriersThe Commission granted Mastercard a 10 percent fine reduction for cooperating with its investigation
22 Jan, 2019, 04.32 PM IST
- EU drops legal action against Mastercard
The European Commission said on Wednesday it was dropping its antitrust case against MasterCard Europe after the group lowered fees on cros...
01 Apr, 2009, 04.44 PM IST
- MasterCard, American Express settle suit for $1.8 bn
MasterCard, the world’s second-biggest credit-card network, agreed to pay as much as $1.8 billion to settle a complaint that it blocked ban...
26 Jun, 2008, 04.11 AM IST
- MasterCard agrees to pay $1.8 bn to settle Amex antitrust suit
MasterCard says it will pay about $1.8 billion to American Express to settle an antitrust lawsuit.
25 Jun, 2008, 08.32 PM IST
- EU in contact with banks about possible rival to Visa, MasterCard
The European Commission said Wednesday that contacts had been held with banks on setting up a payments card network that could rival Visa a...
16 Apr, 2008, 08.28 PM IST
- Visa in the dock, faces anti-trust probe over price-fixing charges
EU regulators opened an in-depth investigation on Wednesday into whether cross border fees charged by credit card company Visa Europe amoun...
27 Mar, 2008, 02.53 AM IST
- Visa raises a record $17.9 b in IPO
Visa, the largest payment-card network, set a record for US initial public offerings on Tuesday by raising $17.9 billion after the worst st...
20 Mar, 2008, 12.53 AM IST
- MasterCard challenges EU antitrust ruling
MasterCard said on Monday it was lodging a court challenge against a December decision by EU antitrust regulators targetting the payments c...
03 Mar, 2008, 10.00 PM IST
- MasterCard, Visa to pay $336 mn in currency suit
MasterCard and Visa agreed to pay a total of $336m to settle a class-action lawsuit alleging the credit card firms shortchanged US consumer...
28 Jul, 2006, 12.00 AM IST
- Visa, MasterCard face Congressional investigation
Visa International and MasterCard, which agreed to pay $3 billion to settle a retailers’ antitrust suit and have been targeted by US and Eu...
20 Jul, 2006, 12.00 AM IST