SP1 0.00% $1.07 southern cross payments ltd

Visa is a repeat offender in regards to anti-competitive...

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    Visa is a repeat offender in regards to anti-competitive behaviour.

    From June 2020:
    The U.K. Supreme Court has handed victory to a group of British retailers (the “respondents”) in a long-running dispute with Mastercard and Visa Europe (the “appellants”) finding that the default “multilateral interchange fees” (MIFs) set by Mastercard and Visa and charged by institutions that issue debit/credit cards to customers (the “issuers”) to institutions that provide payment services to merchants (here, the retailers) (the “acquirers”) restrict competition.

 
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