The Competition Appeal Tribunal (CAT) has reserved its previous decision on MasterCard's interchange fees, rejecting an appeal from the card issuer. This means that the prior finding that MasterCard's interchange rates are abusive will stand. The CAT dismissed all of MasterCard's claims, finding them to be without merit. This success for merchants … Read More
The Competition Appeal Tribunal recently published its decision on Mastercard's interchange fees. The tribunal found that Mastercard engaged in anti-competitive practices by imposing excessive interchange fees on merchants. This judgment could have major implications for the payments industry, as it could result in lower costs for businesses and co… Read More
Class actions and collective proceedings present a crucial avenue for redress when individuals face similar harm caused by the conduct of corporations. These legal mechanisms enable groups of claimants to pool their resources in seeking compensation or injunctive relief. In the UK, navigating the intricacies of these processes requires thorough awa… Read More