The Competition Appeal Tribunal (CAT) has maintained its previous decision on MasterCard's interchange fees, rejecting an request from MasterCard. This means that the initial finding that MasterCard's interchange rates are unfair will stand. The CAT overturned all of MasterCard's assertions, finding them to be without merit. This success for consum… Read More
The Competition Appeal Tribunal last month released its decision on Mastercard's interchange fees. The tribunal found that Mastercard committed anti-competitive practices by imposing excessive interchange fees on merchants. This judgment could have substantial implications for the payments industry, as it could result in lower costs for businesses … Read More
Class actions and collective proceedings present a crucial avenue for redress when individuals face similar harm caused by the conduct of a company. 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 awaren… Read More