The previously rejected action was formally certified to go to trial by the Competition Appeal Tribunal in London.
It means the credit card company now faces being sued over its past allegedly high payment fees, which main claimant Walter Merricks – the former financial ombudsman – argues led to customers being charged higher prices by businesses.
It is alleged that Mastercard had excessive “interchange” fees, the money retailers pay credit card companies when consumers use plastic to shop, between May 1992 and June 2008.
Those costs were reportedly passed on to shoppers as retailers raised their prices.
Bu hikaye Daily Express dergisinin August 20, 2021 sayısından alınmıştır.
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Bu hikaye Daily Express dergisinin August 20, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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