MIL-OSI Europe: Written question – Alleged abuse of a dominant position on the electronic payments market – E-001933/2024

Source: European Parliament

Question for written answer  E-001933/2024
to the Commission
Rule 144
Auke Zijlstra (PfE)

At the European Parliament hearing on Monday 23 September 2024, ECB Executive Board member Piero Cipollone stated that the electronic payments market was dominated by a duopoly made up of two US firms, which, accordingly, charge excessive prices.

According to my reading of the Treaties, the power to identify and address a dominant position on a relevant market, and abuse of that position, lies exclusively with the competition authorities of the Member States and the Commission.

Does the Commission agree with the ECB’s analysis that the two US duopolists are abusing their dominant position on the electronic payments market? If so, when will it bring infringement proceedings against them?

Submitted: 3.10.2024

Last updated: 9 October 2024

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