EconomyVisa and Mastercard face potential £5bn UK lawsuit over card fees
Law firms Harcus Parker and Hausfeld have applied to the Competition Appeal Tribunal to pursue a group claim for UK businesses, alleging Visa and Mastercard restricted competition and overcharged on card payments since October 2020. The claim may be worth about £5bn. Mastercard called it speculative, while Visa defended interchange fees.
TThe Guardian★★★☆☆2026-10-26 15:30Original
Visa and Mastercard face potential £5bn UK lawsuit over card fees
Economy