National Competition Law Report – Q1 2007 - Switzerland

Mondaq Business BriefingSwitzerland Law Articles in English (2007)

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National Competition Law Report – Q1 2007 - Switzerland

Investigations

Enquiry into Practices of Telekurs in the Payment Terminals Market

Telekurs Multipay provides services permitting the payment of goods and services by credit and debit card. A feature of such services is "Dynamic Currency Conversion" or "DCC". This permits the immediate conversion of payment amounts into another currency (i.e. a currency that is more familiar or convenient to the customer, such as that of his or her credit card statement). Unlike with ordinary credit...

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