ACCC takes swipe at Mastercard for alleged misuse of market power – Trade Regulation & Practices
The Australian Competition and Consumer Commission (ACCC) has recently instituted proceedings in the Federal Court against Mastercard Asia / Pacific Pte Ltd (Mastercard Singapore) and Mastercard Asia / Pacific (Australia) Pty Ltd (Mastercard Australia) (together Mastercard), claiming the financial services corporation engaged in anti-competitive conduct in the supply of debit card acceptance services. The ACCC…