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Brussels watchdog querying MasterCard charges.

Europe Intelligence Wire

| July 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Irish Independent)

THE European Commission stepped up pressure on credit card company MasterCard yesterday, saying its inter-bank charge may violate EU antitrust rules.

Europe's top antitrust watchdog said it had sent a supplementary statement of objections (SO) to the company on June 23. This was a preliminary document and the Commission had yet to decide if MasterCard had broken EU rules, it said.

MasterCard confirmed it had received the statement of objections.

In a statement, the Commission said it "takes ...

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