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EU Smacks Mastercard with $650 Million Fine for Doing What Credit Card Companies Do Best

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By CCN.com: The European Commission on Tuesday slammed Mastercard with a 570.6 million euro ($650 million) fine after finding the company guilty of breaching antitrust rules. According to information released by the EU regulatory body, the original fine was reduced by 10 percent because Mastercard cooperated with the Commission during the investigation. Mastercard Overcharged Customers,

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* First published on ccn.com

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