Mastercard, Visa fail in bid to appeal tribunal’s UK card-fee litigation ruling
( May 6, 2026, 13:27 GMT | Official Statement) -- MLex Summary: Mastercard and Visa have failed in their bid to appeal a UK trial ruling focused on whether inflated payment card fees were passed on from retailers to consumers, the Competition Appeal Tribunal has said in an order. The payment-card giants are being sued by a thousands of companies across "umbrella" claims over the fees in the pursuit of damages over financial losses.Order attached....
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