A growing class action lawsuit has been launched against Booking.com, alleging that the company's cancellation policies are abusive. Plaintiffs argue that Booking.com often deducts substantial fees particularly when cancellations occur before the scheduled stay, contradicting consumer expectations and resulting in financial burden. The lawsuit seek… Read More
The Competition Appeal Tribunal (CAT) has reserved its previous ruling get more info on MasterCard's interchange fees, rejecting an appeal from the card issuer. This means that the prior finding that MasterCard's interchange fees are exploitative will stand. The CAT overturned all of MasterCard's assertions, finding them to be without merit. This s… Read More
The competitive environment of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to controversies involving processing networks like MasterCard, the appeals process plays a crucial role in upholding competition law principles. Grasping this process is essential for actors across the financial ecosy… Read More