Court rejects landmark application for £14bn class action against MasterCard in Freshfields win

Court rejects landmark application for £14bn class action against MasterCard in Freshfields win

The Competition Appeal Tribunal (CAT) has today (21 July) ruled against certifying one of the first US-style £14bn opt-out consumer damages antitrust class actions, against payment giant MasterCard, in what would have been the UK’s largest claim. CAT president Mr Justice Roth ruled against allowing the collective proceedings application on grounds that potentially disparate groups …