(T) Co-operative Group Food Limited & Others v Visa Europe Limited & Others [2020] CAT 26 (22 December 2020)

The Tribunal held that Visa's MIFs infringed competition law and that the claimants were entitled to damages for overcharge, subject to quantification.

Source-derived case information.

Citation: [2020] CAT 26
Parties: Claimant: Co-operative Group Food Limited & Others; Defendant: Visa Europe Limited & Others
Jurisdiction: United Kingdom
Judgment Date: 22 December 2020
Procedural Posture: Competition Appeal / Judgment
Outcome: judgment for claimants on liability
Legal Topics: Interchange Fees, Abuse of Dominance, Antitrust Liability

Competition Law Interchange Fees Abuse of Dominance Antitrust Liability

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Summary, issues, holding and outcome

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Full judgment text Downloadable case file Legal principles 2 Authorities cited 5 Party arguments 2

Parties

Co-operative Group Food Limited & Others

Claimant

Visa Europe Limited & Others

Defendant

Procedural Posture

Competition Appeal / Judgment

Legal Issues

1 Whether Visa's multilateral interchange fees (MIFs) infringe competition law
2 Whether claimants are entitled to damages for overcharge

Ratio Decidendi

The Tribunal held that Visa's MIFs infringed competition law and that the claimants were entitled to damages for overcharge, subject to quantification.

Court Disposition

judgment for claimants on liability

Orders

Defendants found liable for competition law infringement
Quantum of damages to be determined in subsequent proceedings

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