Retailers ask US regulators to examine Visa, Mastercard fees

 

Bloomberg

A coalition of trade associations representing some of the world’s largest retailers called on US antitrust regulators to examine the fees charged by credit-card companies after Amazon.com Inc threatened to ban Visa Inc cards in the UK.
The group said it was concerned about the “excessively high” fees Visa and rival Mastercard Inc. charge retailers. Amazon this week announced it would continue accepting Visa credit cards held by UK customers.

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