Mastercard Faces Monopolization Claims Over Digital Tokens

Gunnar Larson g at xny.io
Sat Feb 24 02:45:20 PST 2024


Mastercard Faces Monopolization Claims Over Digital Tokens
<https://www.law360.com/competition/articles/1806026?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-02-23&read_main=1&nlsidx=0&nlaidx=11>

By Hailey Konnath

Mastercard has been stonewalling digital wallet startup OV Loop, refusing
to provide needed tokens and thereby excluding OV Loop from the mobile
payment services market, all part of Mastercard's effort to maintain its
chokehold on payment processing and continue to charge supracompetitive
fees on transactions, according to a suit filed Wednesday.

 Complaint attached | Read full article »
<https://www.law360.com/competition/articles/1806026?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-02-23&read_more=1&nlsidx=0&nlaidx=11>
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<https://www.law360.com/competition/articles/1806026?nl_pk=6416fd97-1dc4-4e02-b7d8-a89ca44ecaf4&utm_source=newsletter&utm_medium=email&utm_campaign=competition&utm_content=2024-02-23&read_later=1&nlsidx=0&nlaidx=11>
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