A new class action lawsuit has been initiated against Booking.com, alleging that the company's cancellation policies are deceptive. Plaintiffs argue that Booking.com often withholds large fees even when cancellations occur early on, violating consumer expectations and resulting in financial hardship. The lawsuit seeks financial redress for affected… Read More

The Competition Appeal Tribunal (CAT) has reserved its previous determination on MasterCard interchange fees, rejecting an appeal from the company. This means that the initial finding that MasterCard's interchange charges are exploitative will stand. The CAT rejected all of MasterCard's arguments, finding them to be without merit. This victory for … Read More

The competitive landscape of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to challenges involving processing networks like MasterCard, the appeals process serves a crucial role in upholding competition law principles. Grasping this process is essential for parties across the financial ecosyste… Read More