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Swiss competition watchdog probes suspected payment systems boycott

November 15, 2018 6:55 AM
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ZURICH (Reuters) - Switzerland’s competition watchdog WEKO said it had searched offices of Swiss financial companies including Credit Suisse (CSGN.S) and UBS (UBSG.S) as it probes a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay.

The probe targets Aduno Holding, Postfinance, Swisscard AECS GmbH and Swiss units of Credit Suisse and UBS, WEKO said on Thursday.

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