Monday, 26 September 2011

EU opens antitrust probe into e-payment market (Reuters)

BRUSSELS (Reuters) – EU antitrust regulators are investigating whether a group of banks, including Deutsche Bank, HSBC and BBVA, is blocking new players from entering the European online payments market.The European Commission, which opened an investigation into the standardization process for e-payments by the European Payments Council (EPC) on Monday, said the move was prompted by a complaint, but it did not identify the complainant."Standards promote interoperability and competition, but

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