Mastercard Consumer Class Action Should Get OK, Court Told

Law360, London (February 5, 2019, 9:25 PM GMT) -- Britain's former financial ombudsman asked a London appeals court on Tuesday to allow a multibillion-pound lawsuit involving potentially millions of claimants to go ahead against Mastercard Inc. over credit card charges the company imposes when customers pay using plastic.

The former head of the U.K.’s Financial Ombudsman Service said a specialist competition court applied an overly stringent test when it blocked the suit in 2017. (AP)

Lawyers for Walter Merricks, the former head of the U.K.'s Financial Ombudsman Service, told a three-judge Court of Appeal panel that the specialist competition court that blocked the suit in 2017 applied a too-stringent test...

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