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Mastercard Faces Monopolization Claims Over Digital Tokens

By Hailey Konnath (February 23, 2024, 12:25 AM EST) -- Mastercard has been stonewalling digital wallet startup OV Loop, refusing to provide needed tokens and thereby excluding OV Loop from the mobile payment services market, all part of Mastercard's effort to maintain its chokehold on payment processing and continue to charge supracompetitive fees on transactions, according to a suit filed Wednesday....

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