EU's Kroes to rule on MasterCard commercial fees

BRUSSELS (Reuters) - The European Commission will rule on MasterCard's (MA.N) commercial card fees soon, the EU executive said on Wednesday.

"We won't wait too long, that's also a burden," EU Competition Commissioner Neelie Kroes told a news conference.

The Commission ruled on Wednesday that MasterCard must change within six months the way it sets a separate fee -- known as a multilateral interchange fee -- for processing personal card transactions or face daily fines.

(Reporting by David Lawsky; writing by Huw Jones; editing by

William Schomberg)