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Fair Payment Alliance hails EC stand on credit cardsFair Payment Alliance hails EC stand on credit cards
1-Aug-2006
EUROPE. The Travel Retail Fair Payment Alliance (FPA), the group campaigning for a reduction in the fees retailers must pay to credit card companies, has expressed optimism that changes will be made following a public hearing on the issue held last month.
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The hearing, chaired by the European Commission Competition Directorate director general Phillip Lowe, gathered retailers, banks, credit card companies and consumer groups to review consultation on the Commission's interim report
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