Antitrust Antitrust

Visa's Australian court-enforceable undertaking ends probe of inter Visa Debit interchange fees

By Laurel Henning
  • 11 Mar 2021 00:35
  • 11 Mar 2021 00:35
Visa’s court-enforceable undertaking responding to Australian competition concerns over debit-card payments won regulatory approval this week, wrapping up an almost two-year investigation into the global payment technology company.
The probe by the Australian Competition & Consumer Commission, or ACCC, began in July 2019, following allegations Visa may have engaged in

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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