Mastercard's expert witness questioned over fee rises in Australian antitrust trial
By Saloni Sinha ( May 27, 2026, 08:19 GMT | Insight) -- An economic expert for Mastercard was challenged in an Australian antitrust trial over internal documents indicating the company increased scheme fees to “align with competitive pricing” set by rival Visa. In a Federal Court hearing on Wednesday, lawyer John Sheahan, acting for the Australian Competition & Consumer Commission, challenged economist Jason Ockerby, called by Mastercard, over whether the payments company’s own records undermined his evidence that scheme fees were constrained by competitive market forces during the relevant period.An economic expert for Mastercard was challenged in an Australian antitrust trial over internal documents indicating the company increased scheme fees to “align with competitive pricing” set by rival Visa....
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