Umbrella Interchange Fee Proceedings (Cost Sharing Orders) [2024] CAT 12 (16 February 2024)
The Tribunal exercised its discretion to make a cost sharing order, finding it just and equitable to allocate costs among the parties in proportion to their involvement and interests in the umbrella proceedings.
Source-derived case information.
- Citation
- [2024] CAT 12
- Parties
- Applicant: Various Claimants; Respondent: Various Defendants (including Mastercard and Visa)
- Jurisdiction
- United Kingdom
- Judgment Date
- 16 February 2024
- Procedural Posture
- Competition Appeal / Costs Order
- Outcome
- Cost sharing order granted
- Legal Topics
- Interchange Fees, Cost Sharing, Umbrella Proceedings
Source-derived case record
Summary, issues, holding and outcome
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Parties
Various Claimants
Applicant
Various Defendants (including Mastercard and Visa)
Respondent
Procedural Posture
Competition Appeal / Costs Order
Legal Issues
- 1 Whether to make a cost sharing order in umbrella interchange fee proceedings
Ratio Decidendi
The Tribunal exercised its discretion to make a cost sharing order, finding it just and equitable to allocate costs among the parties in proportion to their involvement and interests in the umbrella proceedings.
Court Disposition
Cost sharing order granted
Orders
- Costs to be shared among parties as directed by the Tribunal
Full Case Text
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