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AAP

Business

ACCC sues Mastercard over retailer deals

Mastercard ACCC EFTPOS Gina CassGottlieb Visa

Gina Cass-Gottlieb claims a substantial purpose of Mastercard's conduct was to hinder competition. (AAP)

Australia's consumer watchdog is suing Mastercard over alleged anti-competitive conduct in deals with large retailers.

The ACCC has instituted Federal Court proceedings, accusing Mastercard of substantially lessening competition in debit card acceptance services.

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