Commercial and Interregional Card Claims I Ltd ("CICC I") v Mastercard Incorporated & Others [2024] CAT 39 (07 June 2024)

The Tribunal found that the interchange fees set by Mastercard were capable of restricting competition and that the claims could proceed as collective proceedings.

Citation: [2024] CAT 39
Parties: Claimant: Commercial and Interregional Card Claims I Ltd; Defendant: Mastercard Incorporated & Others
Jurisdiction: United Kingdom
Judgment Date: 07 June 2024
Procedural Posture: Competition Appeal / Judgment
Outcome: claim allowed to proceed
Legal Topics: Interchange Fees, Antitrust, Collective Proceedings

Competition Law Interchange Fees Antitrust Collective Proceedings

Case Brief

Summary, issues, holding and outcome

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Parties

Commercial and Interregional Card Claims I Ltd

Claimant

Mastercard Incorporated & Others

Defendant

Procedural Posture

Competition Appeal / Judgment

Legal Issues

1 Whether Mastercard's interchange fees breached competition law
2 Whether collective proceedings are appropriate

Ratio Decidendi

The Tribunal found that the interchange fees set by Mastercard were capable of restricting competition and that the claims could proceed as collective proceedings.

Court Disposition

claim allowed to proceed

Orders

Permission granted for collective proceedings to continue