Visa Says European Antitrust Watchdog Investigating Its Acquirer Fees

Visa says European regulators are investigating the fees it charges retailers.The company revealed the European Commission’s (EC) preliminary probe in its annual report Wednesday (Nov. 13).“On August 30, 2024, the EC informed Visa that it has opened a preliminary investigation into Visa’s fees charged to acquirers,” the report said. “Visa is cooperating with the EC in connection with the investigation.”Visa also said that the EC notified it in October that it had concluded a nearly two-year old investigatio ...