VANCOUVER, June 12, 2013 /CNW/ - We have reached the first year
anniversary of the commencement of The Competition Tribunal' s hearing
of evidence on the case brought by The Competition Bureau against
Mastercard and Visa. Nearly three years have passed since The
Canadian Federation of Independent Business and The Retail Council of
Canada nipped in the side door of the Competition Bureau and sowed the
seeds that led to this hearing. Although this case is about
surcharging Consumers who pay by credit card and the right to choose
their method of payment, Consumers were never engaged in prior
consultation on the issue.
So after one year where is The Competition Tribunal and their decision?
Consumers' Association President, Bruce Cran asks "Does the total
silence mean that a decision could not be reached? Were their findings
lost in translation?" Canadian Consumers deserve better than prolonged
silence in a world where the market place has moved on and likely the
evidence provided to this now ancient tribunal is of little relevance.
In this same twelve month period, The Australian Government has moved to
curtail Surcharging by merchants. In an effort to stamp out excessive
surcharging on credit card purchases, Assistant Treasurer, David
Bradbury, is calling for Australian Consumers to report directly to the
Government naming any business adding suspicious charges to credit card
The Consumers' Association calls on Industry Minster Pardis to intervene
and cancel the intervention of The Competition Tribunal on the grounds
of irrelevance due to the delay.
SOURCE: Consumers' Association of Canada
For further information:
Bruce Cran 604 418 8359