The Competition Appeal Tribunal (CAT) has reserved its previous ruling on the mastercard 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 lacking. This victory for businesses is … Read More
The Competition Appeal Tribunal this week released its decision on Mastercard's interchange fees. The tribunal found that Mastercard had anti-competitive practices by imposing excessive interchange fees on merchants. This decision could have substantial implications for the payments industry, as it could result in lower costs for businesses and con… 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 join together band in seeking compensation or injunctive relief. In the UK, navigating the intricacies of these processes requires a comprehensive u… Read More