Umbrella Interchange Fee Proceedings (Cost Sharing Orders) [2024] CAT 12 (16 February 2024)

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
Competition Law Civil Procedure Interchange Fees Cost Sharing Umbrella Proceedings

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Parties

Various Claimants

Applicant

Various Defendants (including Mastercard and Visa)

Respondent

Procedural Posture

Competition Appeal / Costs Order

  1. 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