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Italian competition authority launches antitrust investigation into Bancomat over interbank fees (corrects*)

( February 27, 2014, 10:45 GMT | Official Statement) -- MLex Summary: Italy's competition enforcers have launched a formal probe of the Bancomat consortium to find out whether a new interbank fee of 0.10 cents, charged as of this year for payments of bills with the PagoBancomat debit card, reduces competition between banks and other non-banking operators. The deadline for the conclusion of this investigation is Feb. 19, 2015.The full statement in the Italian original follows:...

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