Merchant collective claims against Mastercard and Visa given green light to proceed
In a significant win for UK merchants, the Competition Appeal Tribunal ruled in favour of certifying a set of four collective actions – brought by proposed class representatives Commercial and Interregional Card Claims I and II Limited (“CICC I” and “CICC II”) – against Mastercard and Visa. These claims sit alongside both the individual merchant claims within the “Umbrella Proceedings” and the Merricks consumer collective action.