Mastercard may have to pay billions in UK class action
Shortpedia
Content Team
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Mastercard could have to pay U.K. consumers as much as 14 billion pounds after the country's Supreme Court allowed a class-action lawsuit against the credit-card company to move forward. The Supreme Court ordered a competition tribunal to reconsider its decision to block a lawsuit alleging that Mastercard overcharged businesses that accepted the company's credit and debit cards.
