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MASTERCARD INTERNATIONAL TO HOLD PRESS BRIEFING, UNVEIL STUDY

 MASTERCARD INTERNATIONAL TO HOLD PRESS BRIEFING, UNVEIL STUDY
 MasterCard International will hold a press briefing to unveil a new study that identifies the negative impact on consumers, merchants and the economy which would result from caps on credit card interest rates.
 The briefing will be held at 10 a.m. on Wednesday, Feb. 26 in the East Room of the National Press Club, 14th and F streets N.W., Washington.
 The study -- "Consumers, Competition and Choice: The Impact of Price Controls on the Credit Card Industry" -- will be distributed to each U.S. senator and representative and to key members of the administration on that day.
 The author, Brookings Institution Senior Fellow Robert Litan, will review his findings at the briefing.
 The study was prepared for MasterCard International on behalf of its 16,500 member financial institutions in the United States.
 NOTE: Interview opportunities will be available with Litan and Richard Woods, MasterCard senior vice president for public affairs.
 CONTACT: Steve Apesos, 212-649-5476, or Selim Bingol, 202-659-0330, both of MasterCard International.
 -0- 2/24/92


CO: MasterCard International ST: District of Columbia IN: SU:

SB-MK -- DC011 -- 1857 02/24/92 11:27 EST
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Publication:PR Newswire
Date:Feb 24, 1992
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