Credit Cards (Merchant Acquisition) Order 1990 review

The CMA reviewed the Credit Cards (Merchant Acquisition) Order 1990.

• From: Competition and Markets Authority
• Published: 14 July 2015
• Last updated: 15 October 2015 — See all updates

• Case type: Reviews of orders and undertakings
• Case state: Closed
• Market sector: Financial services
• Opened: 14 July 2015
• Closed: 15 October 2015

Case timetable

Date	Action
15 November 2015	Final decision published
23 September to 6 October 2015	Consultation on provisional decision
23 September 2015	Publish provisional decision
September to October 2015	Consideration and analysis of written submissions and other evidence
14 August 2015	Closing date for invitation to comment

• This is published in line with the Guidance on the CMA’s approach to the variation and termination of merger monopoly and market undertakings and orders (CMA 11). Any revisions made to the timetable will be published on this website.

Final decision

15 October 2015: Following consultation, the CMA has decided that the Credit Cards (Merchant Acquisition) Order 1990 should be revoked.

• Final decision (15.10.15)
• Revocation order (15.10.15)
• Press release: CMA presses on with remedies removal (15.10.15)

Decision to undertake review

The CMA has decided to conduct a review of whether the Credit Cards (Merchant Acquisition) Order 1990, is no longer appropriate due to a material change of circumstances having occurred and needs to be varied, superseded or removed.

For further information please see:

• Credit Cards (Merchant Acquisition) Order 1990 review decision (14.7.15)
• Press release: CMA launches reviews of old market remedies (14.7.15)

Published 14 July 2015
Last updated 15 October 2015 + show all updates

1. 15 October 2015

   Final decision published.

2. 14 July 2015

   First published.