This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Italian Competition Authority: Phase II investigation into CartaSì, ICBPI payment systems merger opened

( February 12, 2009, 17:17 GMT | Official Statement) -- MLex Summary: The Italian competition authority has opened a Phase II investigation into the proposed acquisition of the CartaSì group by ICBPI (Istituto Centrale delle Banche Popolari Italiane). The authority will verify whether the concentration will create a dominant position in the markets for card issuing, merchant acquiring and processing related to the international payment cards in circulation on the national market. ICBPI, which provides certain services for banks, insurance and financial institutions, already owns Key Client Cards & Solutions, a company active in the payment card sector (issuing, acquiring and processing), and Equens Italia, active in card processing.Press release follows, scroll down for full decision:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login