{"id":18820,"date":"2016-07-06T06:01:41","date_gmt":"2016-07-05T23:01:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mastercard-facing-19bn-damages-claim-over-inflated-card-charges\/"},"modified":"2016-07-06T06:09:55","modified_gmt":"2016-07-05T23:09:55","slug":"mastercard-facing-19bn-damages-claim-over-inflated-card-charges","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mastercard-facing-19bn-damages-claim-over-inflated-card-charges\/","title":{"rendered":"MasterCard facing \u00a319bn damages claim over inflated card charges"},"content":{"rendered":"


\nCompany 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 \u00a319bn 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 \u2013 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…
\n
\nSource : theguardian.com
\nRead more…MasterCard facing \u00a319bn damages claim over inflated card charges<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Company is alleged to have set unlawfully high fees for using cards in shops over...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-18820","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4Ty","jetpack-related-posts":[{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":18820,"position":0},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 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