Monday, May 05, 2003

NMa allows fee discount for Ahold

Last week the Dutch Competition Authority (NMa) announced, that it allows a special discount agreement, dating from the earliy 1990s, between Interpay and Ahold. It contained a price advantage ( 0,03 guildercents: 1,2 eurocent) for pin-authorisation transactions in exchange for a guaranteerd number of transactions. The agreement was contested by Superunie.