46 million consumers denied chance to bring case against Mastercard over £14bn overcharging case

46 million consumers denied chance to bring case against Mastercard over £14bn overcharging case

A proposed £14bn class action lawsuit against Mastercard will not proceed after a tribunal ruled the case cannot go to trial. The claim by former financial ombudsman Walter Merricks, relating to the card giant's interchange fees, was lodged on behalf of around 46 million consumers.

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