We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

CHAPTER 11 PAYMENT CARD SYSTEMS AND COMPETITION CONCERNS: MULTILATERAL INTERCHANGE FEES AND NO-DISCRIMINATION RULES

EU competition law and the financial services sector

CHAPTER 11 PAYMENT CARD SYSTEMS AND COMPETITION CONCERNS: MULTILATERAL INTERCHANGE FEES AND NO-DISCRIMINATION RULES 11.1 BACKGROUND 1 2 Money transmission represents the fulcrum of the entire modern economy. Everyday money flows uninterruptedly among individuals, corporations, governments in order to ensure payment transactions at any possible level. The overall procedure by virtue of which funds are transferred from one individual to another is known as payment system. 3

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more