FMI president urges Congress to examine interchange fees following EC ruling

FMI President Tim Hammonds expressed hope that Congress will review the current bank-interchange fees in the U.S. following the European Commission's ruling that MasterCard's credit- and debit-card interchange fees are illegal and should be discontinued. "Our contention has been that the interchange fee scheme is an illegal cartel violating U.S. antitrust laws and after a great deal of investigation the [European Union] has concluded exactly that for European competition laws," Hammonds said.

View Full Article in:

Supermarket News (free registration) · Progressive Grocer · International Herald Tribune

Published in Brief:

SmartBrief Job Listings for Food & Beverage

Job Title Company Location
Executive Chef
Whole Foods
Bellevue, WA
Sous Chef
Salt Lake City, UT
Executive Chef
The Lodge & Spa at Callaway Gardens Job
Pine Mountain, GA
Culinary Management Training Program
Hilllstone Restaurant Group
Multiple Locations, SL_Multiple Locations