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Mastercard £14bn lawsuit success - get reclaiming - did you buy using the card? - you could be owed £100's in Fess back

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Mastercard (MA) faces the possibility of a £14bn ($18.2bn) lawsuit after the Court of Appeal in London made a surprise ruling.

And nearly every British adult could get a payout of up to £300.

That court said that the Competition Appeal Tribunal must reconsider the class action against the payments firm after it initially threw out that lawsuit two years ago.

The claim, which was brought on by the former financial ombudsman Walter Merricks, alleges that 46 million people unduly paid higher prices in shops due to high card fees. The class action was brought on behalf of people who were resident in the UK for at least three months between 1992 and 2008, we aged over 16, and who bought an item or service from a UK business which accepted Mastercard.

 

https://uk.yahoo.com/finance/news/mastercard-faces-14bn-lawsuit-following-surprise-court-ruling-071113426.html

 

 


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