Close

MasterCard (MA) Willing to Cooperate with EC Over Anti-Competitive Probe

April 9, 2013 7:43 AM EDT
Following earlier news that the European Commission (EC) would be conducting a probe into MasterCard (NYSE: MA) over inter-bank fees and related practices, the company issued some brief comments Tuesday morning.

According to an email sent by a MasterCard spokesperson earlier, the company is looking to cooperate with the EC in the probe and "always" aims for fair sharing of card costs.

Shares of MasterCard are flat early.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog, Litigation