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Mastercard

Mastercard & Sainsbury’s Settle UK Interchange Fee Suit

According to a recent report in Law 360, Sainsbury's Supermarkets has reached a settlement with Mastercard over over fees that the UK's highest court...
Visa, Mastercard

Visa, Mastercard ATM Suits Get Class Certification

A consolidated case against Visa and Mastercard over allegedly excessive ATM access fees will proceed as a class action, after a federal judge in...
Mastercard

Mastercard Resumes Antitrust Lobbying

According to Politico, Mastercard is getting into antitrust lobbying for the first time in years. The payment giant hired The Duberstein Group at the...
Visa, Mastercard

Suit Claims Visa, MasterCard Are Fixing Prices On Square Fees

Visa and MasterCard are facing a new, proposed class action from small business owners who allege the credit card giants conspired with banks to...
Mastercard

MasterCard To Buy Identity Verification Firm Ekata For $850M

Proving that customers are who they claim to be is one of the big challenges for payments providers as eCommerce sales surge. To "advance...
Mastercard

UK Watchdog Says MasterCard & Rivals Ran Pre-Paid Card Cartel

Mastercard is among five companies which broke the law for cartel behaviour when offering prepaid cards to vulnerable members of society, Britain’s Payment Systems Regulator...
Mastercard

MasterCard Attempts To Limit Scope Of $19B UK Class Action

Mastercard, a global payment processor, is battling attempts to add about 14 million deceased people to a 14 billion pound-plus ($19.3 billion) British class...
Mastercard

Mastercard Pushes Back On $19B UK Class Action

Mastercard on Thursday, March 25, pushed back against attempts to add compound interest to a £14 billion (US$19.2 billion) British consumer class action during...
Mastercard

Swiss Competition Regulator Probes Mastercard

The Swiss Competition Commission (COMCO) has opened an investigation of Mastercard into possible obstruction of SIX’s National Cash Scheme, a set of rules for...
Economic Principles and the Reform of the European Commission’s Approach to Vertical Agreements

Merricks Judgement Marks A Turning Point For UK Opt-Out Collective Actions

By: Sebastian Peyer (UEA Competition Policy Blog) In December 2020 the UK Supreme Court handed down its long-awaited decision in Merricks v MasterCard. This is the first...
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