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Mastercard and Visa lose legal round against UK retailers

News | Payments General | 18 Jun 2020

UK’s Supreme Court has come down to the decision that Visa and Mastercard infringed EU antitrust rules by illegally restricting competition in the acquiring market.

UK, MasterCard, Visa, retail, retailers, Sainsbury’s, Morrisons, Asda, Argos, transactions , multilateral interchange fees, MIFs, Court of Appeal, Europe, European Unions