Antitrust Class Actions Gather Speed With Mastercard Ruling

By Paige Long (August 19, 2021, 4:24 PM BST) -- The green light given on Thursday by an antitrust tribunal for the first U.K. claim to proceed as an opt-out collective action has given a much-needed boost to the country's emerging class action regime, closing out a busy first half of 2021 for the specialist bench.

Lawyers will be monitoring how the competition tribunal applies the Supreme Court's guidance on the Mastercard ruling to other cases waiting to be heard. (iStock) After a five-year fight, the Competition Appeal Tribunal signed off Walter Merricks, former head of the Financial Ombudsman Service, to represent 46 million British consumers in a £14 billion ($19.4 billion) consumer...

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