Canada competition bureau says won't appeal credit card case

Mon Sep 30, 2013 7:14pm EDT
 
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OTTAWA (Reuters) - Canada's Competition Bureau said on Monday it would not appeal a decision to dismiss a case it brought against the rules imposed on merchants by the Canadian arms of MasterCard Inc (MA.N: Quote) and Visa Inc (V.N: Quote).

Canada's Competition Tribunal rejected the bureau's complaint in July. The Competition Bureau, an independent agency, had argued that credit-card company rules prohibiting merchants from imposing a surcharge on card users had put customers at a disadvantage.

"We have decided not to appeal this decision ... the Competition Bureau will continue to pursue ways in which it can resolve the issue of anti-competitive credit card rules imposed by Visa and MasterCard on merchants in Canada," Commissioner of Competition John Pecman said in a statement.

(Reporting by David Ljunggren; Editing by Chris Reese)

 
A MasterCard logo is seen on a door outside a restaurant in New York, February 3, 2010. REUTERS/Shannon Stapleton