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Court Of Appeal Will Hear £14B Mastercard Class Action Bid

Law360, London (November 13, 2018, 3:57 PM GMT) -- An English appeals court ruled Tuesday that it could weigh whether a £14 billion ($18.1 billion) consumer antitrust suit against MasterCard Inc. can proceed as a class action, rejecting an attempt to limit the challenge to a procedural review. 

An appellate court has ruled that it can hear an appeal against a decision by a competition tribunal, which found that the claim against MasterCard brought on behalf of millions of consumers failed the necessary tests. (AP) The Court of Appeal ruled that it can hear a substantive appeal against a July 2017 decision by the Competition Appeal Tribunal, which found that the claim...

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