The Competition Appeal Tribunal (CAT) has maintained its previous decision on MasterCard interchange fees, rejecting an challenge from the company. This means that the initial conclusion that MasterCard's interchange rates are exploitative will stand. The CAT rejected all of MasterCard's arguments, finding them to be lacking. This victory for busin

The competitive environment of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to disputes involving processing networks like MasterCard, the appeals process holds a crucial role in upholding competition law principles. Comprehending this process is essential for actors across the financial ecosy