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COURT ANNULS COMPETITION AUTHORITY DECISION ON MASTERCARD INTERCHANGE FEES

27 October 2011


The Administrative Court of Lazio has annulled the Competition Authority's decision against MasterCard's domestic interchange fees. This is the first case in which the court, following the European Court of Justice's precedent in Alrosa, has limited the authority's broad discretion in rejecting undertakings and has annulled one of its decisions solely because the parties' undertakings were unlawfully rejected.


RELATED NEWS

20 July 2011

 

Credit card company MasterCard and eight banks have succeeded in their appeals against a competition authority ruling that they had inflated the cost of interchange fees.

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EU PAYMENT ASSOCIATE

The current environment has rapidly accelerated the trend towards digital payments.

We are looking for an Associate with excellent academic performance and a desire to specialize in EU payments regulation.

 Integritydiversity and creativity are the name of the game at De Matteis Law.

 

 Desired Skills and Experience

  • University degree in law with highest honors
  • Admitted to the bar
  • Specialized or desire to specialize in EU payments regulation
  • Experience in assisting multinational organizations
  • Mother tongue or excellent command of English (level C2 or C1)

 

Desired Personality Traits

  • Desire to help others
  • Team player
  • Conscientiousness
  • Open to constantly learning
  • Preferred age 30-35

 

We offer competitive salaries and an energetic, motivated and collaborative environment. We are interested in the success of our team and encourage individual development through constant feedback.

 

In particular, we offer:

  • Friendly and collaborative environment
  • Competitive salaries
  • Up to 3 month bonus based on performance
  • Working hours from 9.00 am to 6.00 pm

 

We are based in Rome and Brussels and have a highly successful practice in regulation of payments in Europe.

 

In particular, we advise our clients on:

  • PSD2
  • Strong Customer Authentication
  • Open Banking
  • Anti-money-laundering
  • Digital Identity
  • Blockchain
  • Artificial intelligence
  • Cryptocurrencies 

 

Our clients are leading multinationals. Our mission is to do well by doing good