Visa and Mastercard are facing new lawsuits over merchant fees charged to retailers. Hundreds of claimants have filed suits against the two firms at London's Competition Appeal Tribunal, which is managing the various cases together. This comes amid a broader scrutiny of card fee practices, including a recent $5.6 billion card fee case involving a law firm that disclosed fake claims.
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Visa and Mastercard must face a new set of lawsuits over merchant fees charged to retailers. The two firms are each being sued by hundreds of claimants at London's Competition Appeal Tribunal, which is managing the various cases together https://t.co/GRsqFlPZbB https://t.co/AJXK7XirGI
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