A recent class action lawsuit has been filed against Booking.com, alleging that the company's cancellation policies are deceptive. Plaintiffs argue that Booking.com frequently deducts significant fees even when cancellations occur before the scheduled stay, violating consumer expectations and causing financial hardship. The lawsuit seeks financial … Read More

The Competition Appeal Tribunal (CAT) has maintained its previous decision on MasterCard's interchange fees, rejecting an request from the card issuer. This means that the prior conclusion that MasterCard's interchange fees are exploitative will stand. The CAT dismissed all of MasterCard's assertions, finding them to be without merit. This victory … Read More

The competitive environment of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to controversies involving payment networks like MasterCard, the appeals process plays a crucial role in upholding competition law principles. Grasping this process is essential for stakeholders across the financial ec… Read More