Antitrust Antitrust

Mastercard doesn't have to prove fee benefits, it tells UK's top judges as appeal wraps

By Simon Zekaria
  • 23 Jan 2020 11:58
  • 19 Mar 2021 07:18
Mastercard shouldn't need to prove that its card-fee model has benefits for retailers and consumers that outweigh burdens it places on them, the company told the UK's top judges today.

The payment-card operator made its arguments as the Supreme Court heard the fourth and final day of submissions relating

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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 of Edinburgh University, with Masters degrees in literature and law. A French speaker, he has studied at the Sorbonne University, Paris.

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