Antitrust Antitrust

Mastercard, Visa can't realistically fight card-fee claims, retailers tell UK judge

By Simon Zekaria
  • 12 May 2021 12:31
  • 12 May 2021 12:31
Mastercard and Visa have little chance of successfully defending antitrust lawsuits lodged by multiple retailers and leisure companies over payment-card fees, the claimants told the UK’s specialized competition court today.
The plaintiffs, which include French Connection, JD Wetherspoon and Odeon Cinemas, have applied to the Competition Appeal Tribunal for an early-stage

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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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