The Competition Appeal Tribunal (CAT) has reserved its previous ruling on MasterCard's interchange fees, rejecting an request from the company. This means that the original conclusion that MasterCard's interchange rates are exploitative will stand. The CAT dismissed all of MasterCard's assertions, finding them to be without merit. This success for … Read More
The Competition Appeal Tribunal last month published its decision on Mastercard's interchange fees. The tribunal ruled that Mastercard had Competition Appeal Tribunal anti-competitive practices by imposing excessive interchange fees on merchants. This judgment could have major implications for the payments industry, as it could lead to lower costs … 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 join togethercollaborate in seeking compensation or injunctive relief. In the UK, navigating the intricacies of these processes requires thorough… Read More