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MPs should investigate the domination of VISA and Mastercard

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 2

Tagged with

Parliament

Petition Action

MPs should investigate the domination of VISA and Mastercard

Additional Information

In the interest of fair competition, Parliament should investigate the complete control by Visa and Mastercard of the market of payment processing. Consumer choice is therefore extremely limited and these two companies possess far too much power and influence.

Action should be taken to increase competition and consumer choice in this area.


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