Mastercard executive continues to face scrutiny in Australian antitrust trial
By Saloni Sinha ( May 4, 2026, 07:44 GMT | Insight) -- A Mastercard executive told an Australian court on Monday that securing debit-transaction volumes was an “important part” of major retailer agreements, as he faced a fourth day of questioning in an ongoing antitrust trial. In a Federal Court hearing, Mastercard executive Richard Wormald was questioned about the company’s strategic-merchant agreements with Australian retailers including Chemist Warehouse and Myer. A Mastercard executive told an Australian court on Monday that securing debit transaction volumes was an “important part” of major retailer agreements, as he faced a fourth day of questioning in an ongoing antitrust trial....
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