P2B Regulation Takes Effect in EU & UK
Online platforms and search engines are now operating under new rules designed to promote fairness and transparency for their business users. The Platform to Business Regulation (EU) 2019/1150 (P2B Regulation) took effect in the UK and EU member states on 12 July 2020. The new rules apply to online intermediation services and search engines based […]
Supreme Court Rules Against Visa & Mastercard Over Swipe Fees
Two of the world’s largest credit card companies have suffered another defeat in a long-running legal dispute with supermarket chains over interchange fees. The UK’s Supreme Court rejected an appeal by Visa Inc. and Mastercard Inc., affirming a lower court ruling that the mandated payments restricted competition. The Court was unanimous in upholding the decision […]