Basic Search  |  Summaries  |  Advanced SearchPenalty: £31,560,062
Year: 2022
Date: 18 January, 2022
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: Mastercard and four other payments companies were fined a total of £33 million by the Payment Systems Regulator for engaging in anti-competitive behaviour by agreeing not to compete or poach each other's clients. tps://www.paymentscardsandmobile.com/payment-systems-regulator-names-mastercard-in-pre-paid-card-cartel/
Action Type: agency action
Agency: Payment Systems Regulator
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: financial services
Source of Data: (click here)