EU Competition Commissioner Neelie Kroes announced that the EC will not pursue MasterCard for failing to comply with a 2007 Commission decision that the card network’s cross-border multilateral interchange fees constituted a restrictive business practic. After repealing its cross border fees in June 2008, MasterCard increased other fees in October of that year, raising the Commission’s concerns. Recently, however, MasterCard has implemented a new fee methodology that will result in a substantially reduced average weighted cross-border interchange fee levels compared with that found to be in breach of EU antitrust rules. The Commissioner cautioned that the EC will continue to monitor the implementation of the new methodology.