EU Commission to examine Mastercard bid for Nets stake
Reuters
Published Apr 06, 2020 12:19
BRUSSELS (Reuters) - The European Commission has been asked by six European countries to look at Mastercard Inc'S (N:MA) bid for a majority stake in the corporate services businesses of Scandinavian payments group Nets over competition fears, it said on Monday.
The Commission, which acts as the competition enforcer for the 27-country bloc, said it has been asked by Austria, Denmark, Finland, Norway, Sweden and Britain to take over the case.
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Written By: Reuters
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