Company is alleged to have set unlawfully high fees for using cards in shops over a 16-year periodMasterCard is facing a claim of up to £19bn in damages in a UK collective action over card charges that were passed on to shoppers.The claim, led by former financial services ombudsman Walter Merricks – who has instructed US-based law firm Quinn Emanuel, is to be filed under the Consumer Rights Act 2015, which allows for collective damages claims. Continue reading…
Source : theguardian.com
Read more…MasterCard facing £19bn damages claim over inflated card charges















