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Violation Tracker UK Individual Case

Company: Prepaid Financial Services Limited
Penalty: £916,746
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
Source of Data(click here)