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Mastercard, Visa dealt UK appeals court blow. Where next for interchange fee litigation
10 July 2018 00:00
Mastercard and Visa suffered a blow after a UK appeals court ruled on claims brought by a host of retailers and said the payment-card operators’ interchange fees are unlawful. Key questions on the fees, which have been subject to litigation across the world for over a decade, now go to a specialist court. And a consumer class-action over the charges is also capturing headlines.
Ana Rita Rego Director of Content and Market Development
Ana Rita helps shape MLex’s content and commercial strategies, advising different areas of the business. She previously served as Managing Editor for MLex’s UK and Latin American bureaus, editing stories across different beats. Ana spearheaded the launch of MLex’s operations in Latin America and spent almost a decade reporting on competition policy, litigation and enforcement. A graduate of Sciences Po in Paris, Ana has recently completed a master’s degree in Psychology.
Simon Zekaria Senior Correspondent
Simon Zekaria is a senior correspondent in London, covering UK regulation. Prior to joining MLex, Simon reported on business news for The Wall Street Journal, including on telecommunications, media, technology and consumer affairs. Simon was also a writer for the WSJ on diverse subjects such as Brexit, UK politics and global sport. Simon was previously a correspondent on competition issues and European politics for Thomson Reuters and Agence France-Presse in Brussels. Simon is a graduate... Read more