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0.000342274856489065 -0.00025426132196328 0.001799387816971 0.000704108276206057 0.00198519416763631 -0.00319782508776903 -0.00298268089226161 -0.00331517646713671
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Mastercard, Visa can appeal UK ruling that merchant fees breach antitrust law In this article : [Yahoo! Finance Canada]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
retailers infringe competition law, London's Court of ?Appeal ruled on Tuesday, in a long-running legal battle over the charges. The Competition Appeal Tribunal ruled last year, in linked ?lawsuits brought by ?hundreds of merchants, that Visa and Mastercard's multilateral interchange fees breached ?European competition law. The merchants' lawyers previously said that was the first time Visa ?and Mastercard's ?commercial card and ?inter-regional multilateral interchange fees ?had been found to infringe competition law. But the Court of Appeal granted permission to appeal on Tuesday, in a decision welcomed by Mastercard and Visa. The companies said ?in separate statements that ?interchange plays an important ?role in ?a digital payments ecosystem and provides ?benefits to consumers, businesses ?and banks. Cian ?Mansfield, from law firm Scott+Scott, which represents the claimants, said: "We are confident ?that we ?will resist the application successfully at the ?substantive app Show less Read more
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