Law360 Quotes Prof. Cotter on EU Mastercard Antitrust Case
Professor Thomas Cotter was quoted by Law360 on the European Commission’s decision earlier this year to fine MasterCard €570 million for its practice, since discontinued, of forbidding merchants in EU member states from shopping for lower rates offered by banks in other EU states outside their home country. Cotter stated that the case provides “insight into how the commission sets penalties” and into how it “understands what sort of conditions will have an anti-competitive impact.”