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Sainsbury disputes MasterCard’s ‘presumption’ that fees would be passed on to consumers (update*)

By Sille Ruubel ( February 25, 2016, 17:03 GMT | Insight) -- J Sainsbury today challenged the economic assumptions underpinning MasterCard's assertion that its card fees didn't cause the UK supermarket chain harm because the retailer would have passed any higher costs on to its customers. An expert witness for MasterCard has concluded in a report for the multimillion-pound damages trial that there was a "strong economic presumption" that the fees would be passed on, a barrister for Sainsbury told a London court.J Sainsbury today challenged the economic assumptions underpinning MasterCard's assertion that its card fees didn't cause the UK supermarket chain harm because the retailer would have passed any higher costs on to its customers....

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