MasterCard Consumer Claim
Why has this website been created?
This website has been created to provide information about a proposed collective consumer claim against Mastercard that has been filed with the Competition Appeal Tribunal by Walter Merricks CBE (the proposed class representative) on behalf of a proposed “class” of individuals.
NewsWhat is the claim about?
The proposed claim says that if between 22 May 1992 and 21 June 2008 you purchased goods and/or services from businesses selling in the UK that accepted Mastercard cards and were a resident in the UK, you may have paid higher prices as a result of Mastercard’s unlawful conduct.
FAQsAbout
About the Claim
Consumers who made purchases from businesses selling in the UK between 1992 and 2008 could be affected by a collective consumer claim against Mastercard.
This website has been created to provide information about a proposed collective consumer claim against Mastercard that has been filed with the Competition Appeal Tribunal by Walter Merricks CBE (the proposed class representative) on behalf of a proposed “class” of individuals.
The proposed claim relies on a legal finding of the European Commission that Mastercard imposed unlawful fees on transactions processed through its network. These fees were paid by businesses for accepting payments made with a Mastercard credit or debit card in the period 1992 to 2008. More than half a million businesses in the UK, including major supermarkets, that accepted Mastercard cards in the relevant period, paid these unlawful fees, and it is alleged passed these on to consumers in higher retail prices.
The proposed claim says that if between 22 May 1992 and 21 June 2008 you purchased goods and/or services from businesses selling in the UK that accepted Mastercard cards, at a time at which you were both (1) a resident in the UK for a continuous period of at least three months, and (2) aged 16 years or over, you paid higher prices as a result of Mastercard’s unlawful conduct. It is proposed that the claim will be brought on behalf of a class of individuals who meet these conditions with the exception of the categories of persons described in FAQ 6.
Mr Merricks’ application for a collective proceedings order having been remitted to the Competition Appeal Tribunal for redetermination, the hearing will take place on 25-26 March 2021.
Latest News
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Pymnts.com
25 Mar 2021
London Court Will Decide If Class Action Suit Against Mastercard Moves Forward
A class-action lawsuit against Mastercard for a record £14 billion ($19 billion) will be heard by a specialist London court on Thursday (March 25), which will decide if the case should proceed, Reuters reported.
Nasdaq
24 Mar 2021
Mastercard battles return of $19 bln UK class action
A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class action against Mastercard to proceed, which could entitle adults in Britain to about 300 pounds each if successful.
Money Saving Expert
22 Feb 2021
Mastercard £14bn class action case returns to court next month - what it means for you
A landmark class action case against Mastercard, which if successful could see millions of UK consumers receive £100s each in damages, is set to return to court next month. It's the latest step in a case that has rolled on for almost five years. Here's an update on the most recent developments and what the next stage means for consumers.