Mastercard tells UK court mass claim has tougher burden to prove 'pass-on' legal case

By Simon Zekaria ( November 19, 2024, 17:36 GMT | Insight) -- Mastercard told UK judges today that a consumer-focused collective claim targeting it over inflated card fees has a tougher legal burden to prove its case regarding charges passed on through the supply chain than that advanced by the company and hundreds of merchant claimants. Mastercard, rival Visa and the two separate claims are all involved in a trial at the UK's antitrust court focused on the "pass-on" of fee costs imposed by the card giants.Mastercard told UK judges today that a consumer-focused mass action targeting it over inflated card fees has a tougher legal burden to prove its case regarding charges passed on through the supply chain than that advanced by the company and hundreds of merchant claimants in a parallel case. ...

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Mastercard tells UK court mass claim has tougher burden to prove 'pass-on' legal case

Prepare for tomorrow’s regulatory change, today

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