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Mastercard says interchange fees probed in Hungary

Thu Feb 21, 2008 8:13am EST

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BOSTON, Feb 21 (Reuters) - Credit-card company MasterCard (MA.N) Inc. said on Thursday that Hungary's competition authority launched a probe of the company's domestic interchange fees in Hungary.

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"On January 31, 2008, the Hungarian Competition Authority commenced a formal investigation of MasterCard Europes domestic interchange fees in Hungary," MasterCard said in a regulatory filing with the U.S. Securities and Exchange Commission. (Reporting by Svea Herbst-Bayliss, editing by Dave Zimmerman)

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