Rabobank Fined €3.9 Million in Dutch Interpay Competition Case
Company: Rabobank
Summary
The Netherlands Competition Authority found that Interpay shareholder banks extended their cooperation to the sale of PIN-transaction network services, eliminating competition in that market between January 1998 and March 2004. The authority's original sanction decision imposed a €3.9 million fine on Rabobank. Source: Netherlands Competition Authority / ACM archive https://www.acm.nl/sites/default/files/old_publication/bijlagen/1108_2910BBS.pdf