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In 2014, the Commission ended another investigation into the
company's fee structure in 2014 when Visa Europe agreed to
capping the transaction fees it charged.
The Commission said it was now looking at so called
inter-regional interchange fees, those charged to merchants when
accepting Visa cards issued outside the European Economic Area (EEA),
for example when tourists make purchases in the EU.
"Inter-regional fees represent an important part of the total
fees within the Visa scheme," the Commission said.
The Commission, which has the power to fine Visa up to 10
percent of its global turnover if it is found breaching the
bloc's antitrust rules, said it was waiting for the company's
response before deciding on further action, a Commission
spokeswoman told Reuters.
(Reporting by Robert-Jan Bartunek; Editing by Alissa de
Carbonnel)
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