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 Myanmar Sun 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 Myanmar Sun.
More InformationHUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...
KUALA LUMPUR, Malaysia: Airbus is in discussions with Malaysian airlines to introduce its A220 aircraft, the company's Asia-Pacific...
WASHINGTON, D.C.: Families of some of the 346 people who died in two deadly Boeing 737 MAX crashes plan to oppose a proposed deal between...
Moro [Pakistan], May 26 (ANI): The Human Rights Commission of Pakistan (HRCP) has expressed deep concern over the escalating crackdown...
Paris [France], May 26 (ANI): India's Ambassador to France, Sanjeev Singla, briefed the all-party delegation, led by BJP MP Ravi Shankar...
Paris [France], May 26 (ANI): Bharatiya Janata Party MP Gulam Ali Khatana, who is in France as part of India's diplomatic mission led...
BRUSSELS, Belgium: European Union antitrust regulators are examining fees imposed by payment giants Visa and Mastercard, Bloomberg...
WASHINGTON, D.C.: The U.S. Army plans to change the records of transgender soldiers to list only their sex at birth, according to a...
WASHINGTON, D.C.: The Federal Aviation Administration (FAA) said this week that it will require airlines to reduce the number of flights...
GAZA - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...
ORLANDO, Florida: For years, Universal Orlando played second fiddle to Disney's sprawling empire in Central Florida. Now, with the...
WASHINGTON, D.C.: The U.S. Transportation Department is expected to say that fuel economy rules created under President Joe Biden went...