MasterCard (MA) Willing to Cooperate with EC Over Anti-Competitive Probe
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/29/2026
- Wall Street indexes rise as US, Iran attacks ease; major tech-related shares jump
- Tech funds suffer record outflows as investors trim equity positions
- Comcast shares surge 23% on blockbuster plan to spin off NBCUniversal and Sky
- New leader board: Citi refreshes AI compute semiconductor picks
- Martin Marietta confirms $13.5B deal for Lhoist North America
- Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
- Needham Starts NeoVolta (NEOV) at Buy
- Personalis, Inc. (PSNL) and Tempus (TEM) Expand Collaboration
- Strategy stock jumps 7% as firm shifts to active capital management
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
EC Investigation Will Not Impact MasterCard (MA) Financial Perfromance - Analyst
April 9, 2013 11:35 AM EDTThis morning it was learned that the European Commission (EC) opened formal proceedings to investigate whether MasterCard (NYSE: MA) may be hindering competition.
Commenting on developments, analyst Timothy Willi of Wells Fargo said, "Although we believe the prospect of increased... More
MasterCard (MA) Peers Tick Lower Following EC Probe
April 9, 2013 9:52 AM EDTMasterCard (NYSE: MA) is lower Tuesday morning following ealier reports that the European Commission would be opening a probe into the practices of the cedit card giant. The investigation is over inter-bank fees and related practices.
For more color on the EC... More
EC Opens Probe Into MasterCard (MA) Over Anti-Competitive Practices
April 9, 2013 6:57 AM EDTThe European Commission (EC) has opened formal proceedings to investigate whether MasterCard (NYSE: MA) may be hindering competition in the European Economic Area (EEA) with regard to payment cards, in breach of EU antitrust rules. The Commission has concerns that some of MasterCard's inter-bank fees and related practices may be anti-competitive. An opening of proceedings does not prejudge the outcome of the investigation.
Payment cards are of crucial importance across the EU internal market, in particular for purchases across borders or over the internet. European consumers and businesses are making more than... More
