Payment Services in the EU: Price Regulation to Protect a Duopoly

Cleary Gottlieb senior counsel Mario Siragusa, partners Maurits Dolmans and Romano Subiotto, counsel Paul Gilbert, and associate John Messent authored, “Payment Services in the EU: Price Regulation to Protect a Duopoly,” which was published by Competition Law Journal.

The article discusses how the unintended consequence of the EU Interchange Fee Regulation and the Second Payment Services Directive could be a reduction in competition in the market, the very thing they were originally designed to address.

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