TRUSTED PARTNER TO LEADING MULTINATIONALS 

Antitrust 

 

MasterCard Italian Interchange Fee Case

 

2016:  De Matteis scored a second ground-breaking victory for MasterCard before the Council of State (high court), overturning the 2010 interchange fee decision of the Italian Competition Authority.  

 

2011:  De Matteis overturned the 2010 interchange fee decision before the Administrative Court (first instance), securing its first victory for MasterCard.  

 

Other selected antitrust work

 

2015:  De Matteis represented a global luxury goods manufacturer on its Italian selective distribution system.

 

2014:  De Matteis represented GTECH on the EU antitrust aspects of its $6.4 billion acquisition of International Game Technology.

 

ePayment Regulation

 

2016:  De Matteis is currently advising on the launch of a new person-to-person (P2P) payment service under EU and Italian law.  This new service will allow consumers to send and receive money through their mobile phones and online.

 

2016:  De Matteis advises clients on the interpretation and implementation of:

  • EU Interchange Fee Regulation (IFR)
  • Second Payment Service Directive (PSD2)
  • European Banking Authority’s Guidelines on the security of internet payments
  • 4th anti-money-laundering (AML) Directive 

2016:  De Matteis counsels clients on issuance, distribution and reloading of prepaid cards, including: cardholder due diligence, card activation, anti-money-laundering (AML) requirements, and transparency at both the Italian and EU level.

 

2015:  De Matteis developed and submitted draft regulations to facilitate e-payments, which were accepted by the Italian Government.

 

2015:  De Matteis advised a US food delivery platform, on EU and Italian law on e-payments as it entered the European market.