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Competition Commission of Singapore 37
Annual Report 2013/14
Financial: Payment Services
Clearance for Visa’s (MIF) system. Visa Worldwide the relevant stakeholders and
Multilateral Interchange Fee sought a decision from CCS a careful review of the facts
System as to whether its MIF system and evidence, CCS found that
woul
On 18 September 2013, d violate the Competition the evidence available to us
CCS cleared the Notification Act, in particular, the section did not suggest that the MIF
for Decision received from 34 prohibition against anti-system had resulted in an
Visa Worldwide regarding its competitive agreements. After appreciable adverse effect on
Multilateral Interchange Fee extensive consultation with competition in Singapore, in
Case Team Members (From Left to Right): Winnie Ching, Deputy Director, Legal & Enforcement; Soh Yan Wei, Assistant
Director, Business & Economics; Nimisha Tailor, Deputy Director, Policy & Markets; Tan Hi Lin, Deputy Director and Principal
Economist, Business & Economics
Not in Picture: Kong Weng Loong, Senior Assistant Director, Business & Economics
Annual Report 2013/14
Financial: Payment Services
Clearance for Visa’s (MIF) system. Visa Worldwide the relevant stakeholders and
Multilateral Interchange Fee sought a decision from CCS a careful review of the facts
System as to whether its MIF system and evidence, CCS found that
woul
On 18 September 2013, d violate the Competition the evidence available to us
CCS cleared the Notification Act, in particular, the section did not suggest that the MIF
for Decision received from 34 prohibition against anti-system had resulted in an
Visa Worldwide regarding its competitive agreements. After appreciable adverse effect on
Multilateral Interchange Fee extensive consultation with competition in Singapore, in
Case Team Members (From Left to Right): Winnie Ching, Deputy Director, Legal & Enforcement; Soh Yan Wei, Assistant
Director, Business & Economics; Nimisha Tailor, Deputy Director, Policy & Markets; Tan Hi Lin, Deputy Director and Principal
Economist, Business & Economics
Not in Picture: Kong Weng Loong, Senior Assistant Director, Business & Economics
