A new class action lawsuit has been initiated against Booking.com, alleging which claim the company's cancellation policies are abusive. Plaintiffs argue that Booking.com often withholds significant fees even when cancellations occur well in advance, contradicting consumer expectations and leading to financial difficulty. The lawsuit seeks compensa

The Competition Appeal Tribunal (CAT) has confirmed its previous ruling on MasterCard's interchange fees, rejecting an challenge from the card issuer. This means that the initial conclusion that MasterCard's interchange charges are exploitative will stand. The CAT overturned all of MasterCard's assertions, finding them to be unsubstantiated. This s

The competitive landscape of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to disputes involving payment networks like MasterCard, the appeals process serves a crucial role in upholding competition law principles. Understanding this process is essential for actors across the financial ecosystem