By Saloni Sinha ( April 15, 2026, 09:04 GMT | Insight) -- Mastercard’s strategy involved offering similar or lower interchange fees, rather than preventing merchants from choosing Eftpos routing, an Australian court heard on Wednesday in an antitrust trial brought by the country’s competition watchdog. In a Federal Court hearing on Wednesday, lawyer Ruth Higgins, acting for Mastercard, rejected the Australian Competition & Consumer Commission submission that the company attempted to prevent merchants accessing merchant choice routing, also known as least-cost routing. Mastercard’s strategy involved offering similar or lower interchange fees, rather than preventing merchants from choosing Eftpos routing, an Australian court heard on Wednesday in an antitrust trial brought by the country’s competition watchdog....
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