Monday, July 17, 2006

"MasterCard Says Ready to Negotiate With EU Commission Over Interchange Fees" (AFX News)

Based on an AFX News article today, it appears that MasterCard® might be preparing to "negotiate for a compromise solution" with the EU over interchange fees. Although, Neelie Kroes, the EU competition commissioner did remark that getting rid of interchange fees remains one option.

[Source: AFX News]