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Norwegian Competition Authority: Norwegian authority approves BBS/Teller payments merger with conditions

( July 9, 2007, 09:00 GMT | Official Statement) -- MLex Summary: The Norwegian antitrust authority has approved the tie-up between BBS and Teller, applying conditions to ensure the vertically-merged entity guarantees access for competing acquirers and terminal suppliers. The authority concluded that competition would be restricted in the acquiring of international payment card transactions.The press release follows....

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