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Limiting Mastercard, Visa card-fee lawsuits hurts competition enforcement, UK judge told

By Simon Zekaria ( April 25, 2023, 15:53 GMT | Insight) -- The role, and public awareness, of competition-law enforcement should be taken into account when deciding a time limit for damages resulting from Mastercard and Visa's inflated bank card fees, the leader of a class action lawsuit told a UK judge today. Lawsuits over the fees, also from scores of merchants, are the subject of a three-day hearing at the UK's specialized competition court.The role, and public awareness, of competition-law enforcement should be taken into account when deciding a time limit for damages resulting from Mastercard and Visa's inflated bank card fees, the leader of a class action lawsuit told a UK judge today....

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