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Mastercard, Visa can't realistically fight card-fee claims, retailers tell UK judge

By Simon Zekaria ( May 12, 2021, 17:01 GMT | Insight) -- Mastercard and Visa have little chance of successfully defending antitrust lawsuits lodged by multiple retailers and leisure companies over payment-card fees, the claimants told the UK’s specialized competition court today. The plaintiffs, including companies such as French Connection, JD Wetherspoon and Odeon Cinemas, are arguing at the court for an early judgment without the need for a full trial.Mastercard and Visa have little chance of successfully defending antitrust lawsuits lodged by multiple retailers and leisure companies over payment-card fees, the claimants told the UK’s specialized competition court today....

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