The Turkish competition authority has opened an investigation into the Turkish branches of Mastercard
$MA (-0,34 %) and Visa
$V (-0,14 %) initiated. The authority is investigating possible violations of competition rules, particularly with regard to market dominance and business practices. The outcome of the investigation could have a significant impact on the business activities of the two financial services providers in Turkey.

Further details can be found in the article on XM.

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