£31.5m fine for Mastercard over illegal UK prepaid cards cartel
MasterCard has been fined £31.5 million (€35 million) by the UK’s competition watchdog for operating an illegal cartel in the market for prepaid cards. The Competition and Markets Authority (CMA) said MasterCard had breached competition law by agreeing with two other firms, Viabuy and PFS, not to compete against each other in the sale of […]