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Payment cards systems and two-sided markets: the MasterCard and American Express judgements

Author

Listed:
  • Giuseppe Colangelo
  • Mariateresa Maggiolino

Abstract

Sin dai lavori fondativi di Rochet e Tirole, i sistemi di pagamento rappresentano un campo elettivo per lo studio delle caratteristiche e delle implicazioni dei mercati a più versanti. Le peculiarità delle piattaforme a più versanti hanno evidenti ricadute nell'analisi concorrenziale e nella regolazione dei mercati. Le recenti pronunce della High Court britannica in "MasterCard" e della Corte d'appello per il Second Circuit statunitense in "American Express" sono le prime a valorizzare concretamente tali peculiarità nell'ambito della valutazione concorrenziale delle condotte, candidandosi così a rappresentare un punto di riferimento per una valutazione critica sia dell'attuale regolazione dei sistemi di pagamento sia dei futuri interventi antitrust anche in comparti diversi da quello specifico oggetto di indagine.

Suggested Citation

  • Giuseppe Colangelo & Mariateresa Maggiolino, 2017. "Payment cards systems and two-sided markets: the MasterCard and American Express judgements," Mercato Concorrenza Regole, Società editrice il Mulino, issue 2, pages 215-248.
    • Handle: RePEc:mul:jhpfyn:doi:10.1434/87525:y:2017:i:2:p:215-248
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