BRUSSELS, July 25 The European Commission will
present new objections against Visa Europe, the European
licensee of Visa Inc, in its efforts to bring down credit
card fees, a senior official said on Wednesday.
"We are preparing a supplementary statement of objections,"
EU Competition Commissioner Joaquin Almunia told a news
conference, referring to the Commission's charge sheet of
The EU wants Visa to fall into line with EU laws governing
levies on retailers' credit card transactions, having already
dealt with problems related to debit card purchases.
Visa Europe has said it wants a business-friendly method of