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The Competition Tribunal has ruled that arguments against Visa and MasterCard put forth by the Competition Bureau didn’t conform with specific section of the Competition Act.
The Competition Tribunal has ruled that arguments against Visa and MasterCard put forth by the Competition Bureau didn’t conform with specific section of the Competition Act.
(Michael Probst/AP)

Why the Competition Tribunal threw out the Visa-MasterCard case

The question marks that hung over the Competition Tribunal’s decision to toss out the high-profile case against Visa Inc. and Mastercard Inc. have finally been answered.

Nearly two months since the ruling, the Tribunal, which hears cases brought forward by the Competition Bureau, has released the detailed reasons as to why it dismissed the case.