Homburger represents Visa in the investigation of the Competition Commission into debit interchange fees
On June 29, 2023, the Competition Commission announced that it opens an investigation into Visa’s domestic interchange fees for debit cards. ComCo had previously agreed with Visa on an interchange fee for the introductory phase of debit cards. Now that this phase is over, Visa has lowered its interchange fees effective July 1, 2023. ComCo intends to find long-term solutions for the interchange fees.
Homburger represents Visa in this investigation. The team is led by partner Richard Stäuber and comprises partner Franz Hoffet and associate Jonas Krull (all Competition & Regulatory).