On 11 December 2020, the U.K. Supreme Court (the Court) handed down its much-awaited ruling in Merricks v Mastercard, dismissing Mastercard’s appeal against the English Court of Appeal’s April 2019 decision in a 3-2 ruling....more
Defendants in competition damages actions often argue that claimants mitigated any loss in competition damages claims by passing on any allegedly unlawful price increase to their customers. In Sainsbury’s v. Mastercard [2020]...more
7/7/2020
/ Anti-Competitive ,
Antitrust Violations ,
Burden of Proof ,
Calculation of Damages ,
Compensatory Damages ,
Credit Cards ,
Defense Strategies ,
Interchange Fees ,
Mitigation ,
Passing On ,
Pleadings ,
UK ,
UK Supreme Court
The English Courts have reignited the prospects of a £14 billion class action against Mastercard.
In a much anticipated ruling, on 16 April 2019, the Court of Appeal of England and Wales (the Court) granted an appeal by...more
5/9/2019
/ Anti-Competitive ,
Appeals ,
Class Action ,
Class Certification ,
Corporate Counsel ,
Credit Card Surcharges ,
Damages ,
European Commission ,
Interchange Fees ,
Likelihood of Success ,
Litigation Funding ,
MasterCard ,
Opt-Outs ,
UK