The UK launches an anti-competitive behavior investigation into Mastercard, Visa, and PayPal
By: www.chaincatcher.com|2026/05/06 14:58:50
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The UK's financial regulatory authority has stated that it has launched an investigation into Mastercard (MA.N), Visa (V.N), and PayPal (PYPL.O) due to suspicions of anti-competitive behavior regarding the flow and use of funds in the PayPal digital wallet.
The Financial Conduct Authority (FCA) stated on Wednesday that it has not yet reached a conclusion on whether the relevant companies have violated competition law. PayPal disclosed this investigation in a regulatory filing this week. A representative from PayPal stated that the company is cooperating with the FCA investigation but will not comment further as the case is still ongoing.
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