The Turkish Competition Authority (TCA) has launched a comprehensive investigation into Mastercard, along with Visa, for alleged exclusionary practices in Turkey's card scheme and digital wallet services markets. This inquiry focuses on whether discount and incentive systems offered to card-issuing banks create de facto exclusivity, hindering competition.
The investigation will also assess whether Mastercard abused its dominant position in the digital wallet market through anti-competitive practices, including predatory pricing or other activities that harm competitors. This scrutiny could have significant implications for Mastercard's operations and market position in Turkey.
The TCA's approach will evaluate the actual effects of the alleged behaviors on competition, potentially leading to behavioral or structural measures. This case is a critical test for balancing competition policy with the need to encourage growth in emerging fintech markets.
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