The European Commission said on Tuesday it had fined Mastercard 570.6 million euros ($648.3 million) for limiting the possibility for merchants to benefit from better conditions offered by banks elsewhere in the EU.
The importance of retail at railway stations in the UK came into even sharper focus over the festive period as key train stations saw rising product retail sales, despite the weak trading conditions during the period.
Cambodian businesses and unions urged the European Union on Monday to not withdraw trade preferences from Cambodia over human rights concerns, saying such a decision would pose serious economic damage.
Analysts have said recent decisions by the Competition and Markets Authority (CMA) suggest it won't shy away from intervention, and some conditions it could apply may prove too costly to make a deal worthwhile.
The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement.