By John Gruber
For 138 years Lady Liberty watched over us — now it’s time to return the favor.
DW:
The European Commission on Tuesday fined Mastercard €570 million ($648 million) for preventing retailers from looking for better card payment terms at banks around Europe.
The Commission, which monitors competition, said that Mastercard’s rules prior to 2015 forced retailers to pay certain bank fees in the country they are located rather than let them shop around.
Now that’s a fine.
★ Wednesday, 23 January 2019