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-0.000317757339311991 -0.000529595565519918 -5.29595565519316E-05 0.000529595565519718 -0.000573728529313195 -0.00249792575070165 -0.00370381485339037 -0.00510177061450736
Stock impact report

Visa, Mastercard fees probe widens as EU antitrust regulators look into market power [Yahoo! Finance Canada]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
A new questionnaire was sent after a similar one was distributed to retailers and merchants last month. The EU competition enforcer's scrutiny started in September as a result of complaints from merchants and payments companies about Visa and Mastercard's fees. The two companies, which charge scheme fees for services related to participation in their card system, process about two-thirds of card payments in the euro zone. The latest questionnaire asked about the number of fees or services charged by the two companies between 2017-2024, the number of new fees or services introduced, and the number of changes. Regulators also wanted to know which scheme and processing services are mandatory, and how Visa and Mastercard inform payments companies about new fees or changes to existing fees. The questionnaire asked if information provided by the two companies is sufficiently clear and if they give sufficient notice about changes to fees and services. Respondents are also asked wh Show less Read more
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