Property News · September 9, 2016

MasterCard sued for £14bn over allegedly overcharging customers


MasterCard ‘firmly disagree’ with allegations of overcharging 46 million UK customers for card fees in landmark caseCredit card group MasterCard is being sued for £14bn, the largest legal claim in British history, in a landmark lawsuit over allegations that it overcharged 46million UK consumers.The claim, which MasterCard said it would oppose vigorously, is the first major case under a new framework for class action lawsuits on behalf of multiple claimants. It revolves around fees imposed by MasterCard on businesses that accepted its debit and credit cards between 1992 and 2008. Continue reading…

Source : theguardian.com
Read more…MasterCard sued for £14bn over allegedly overcharging customers

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