MasterCard may, reportedly, be hit with an antitrust complaint from European Union regulators over its card payment fees.
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EU regulators are expected to send a statement of objections to MasterCard before the end of July 2015, reported Bloomberg.
The publication said that these filings in anti-trust investigations are generally considered to be a precursor for fines.
In 2013, the EU antitrust regulator said it would investigate MasterCard’s honor all cards rule that obliges a merchant to accept all types of cards from the company.
The EU regulators have been focusing on payment fees on credit- and debit-cards for over a decade and also warned the way the charges are collectively agreed on is anti-competitive.
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