Could the EU Ruling on Interchange Fees Be Good News for Retailers Doing Business Across the Pond?

Both Visa and MasterCard had been warned that this was a possibility and reduced their fees after the antitrust investigations began in 2009. However, the burning questions now are what interchange fee levels are acceptable for the EU antitrust agency, and have they done enough? The answers, I suspect, will be lower than they are now, and no, they haven't done enough! However, the interchange is only part of the story as Visa and MasterCard also add transaction fees on the interchange, which are a cost factor especially for interregional transactions. These, however, aren't affected in the current antitrust case.