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MasterCard tries to block class action seeking ‘aggregate’ damages in UK

By Lewis Crofts ( January 16, 2017, 11:36 GMT | Insight) -- MasterCard will try to stop a nascent UK collective lawsuit in its tracks this week, when it appears before a London tribunal to argue that a payout to a broad class of consumers would be unsuitable and arbitrary. The card company will be facing off with Walter Merricks, a qualified solicitor seeking permission to spearhead a class action on behalf of individuals who he says paid billions of pounds in inflated card fees.MasterCard will try to stop a nascent UK collective lawsuit in its tracks this week, when it appears before a London tribunal to argue that a payout to a broad class of consumers would be unsuitable and arbitrary....

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