Credit/Debit Cards

EU official urges court to dismiss MasterCard appeal of interchange fee ruling

European CommissionEU Court of Justice Advocate General Paolo Mengozzi told the EU court last week that it should dismiss MasterCard’s appeal of a decision by the European Commission that the card company’s interchange fees broke antitrust laws.

MasterCard is appealing a decision by a European court that requires it to reduce fees paid by retailers to process card transactions. The EU General Court initially agreed with the 2007 decision by the European Commission that ordered MasterCard to lower its fees, leading to MasterCard’s appeal.

While the advocate general’s opinion is not legally binding, the Luxembourg-based court generally follows the advice of the advocate general in a majority of its cases.

Mengozzi also recommended that MasterCard be required to pay the costs related to its appeal.

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