The UK Supreme Court sends back to the UK Competition Appeal Tribunal a £14 billion class action lawsuit against a credit card company (Merricks / Mastercard)

On 11 December 2020, the UK’s Supreme Court sent a planned £ 14 billion class action lawsuit against Mastercard back to the Competition Appeal Tribunal (“CAT”) for review. This is the first collective proceedings case of this kind to reach the Supreme Court and it addresses important questions about the correct legal requirements for certification of a claim. The Supreme Court said that the CAT made a number of errors in deciding that the claim was not suitable for trial. If the class action is ultimately successful, it could see damages being paid out to tens of millions of UK consumers. New consumer laws were

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Auteur

  • Van Bael & Bellis (Brussels)

Citation

William Haig, The UK Supreme Court sends back to the UK Competition Appeal Tribunal a £14 billion class action lawsuit against a credit card company (Merricks / Mastercard), 11 décembre 2020, e-Competitions December 2020, Art. N° 98599

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