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Mastercard, Visa interchange fees infringe competition rules, UK tribunal says

( June 27, 2025, 16:36 GMT | Official Statement) -- MLex Summary: Mastercard and Visa's interchange fees infringe competition rules, the UK's Competition Appeal Tribunal has ruled. The companies have faced litigation from scores of merchants in "umbrella" interchange proceedings, comprising two sets of claimants. A trial on liability was heard by the CAT last year. Mastercard and Visa have for years been served with various lawsuits over their fees, which are charged between a retailer's bank and a card issuer's bank when a purchase is made by credit or debit card. Ruling attached....

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