UK’s Supreme Court rules against Mastercard, Visa in retailers’ fees battle

Britain’s highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa (V.N) and Mastercard (MA.N) restricted competition in the way they set fees for retailers, opening the way for them to seek compensation. The case, which dates back to 1992, was brought by retailers Sainsbury’s (SBRY.L), Morrisons (MRW.L) Asda […]

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