UK court blocks £14bn class action case against MasterCard

Fledgling competition tribunal refuses to allow claim relating to 16 years of alleged overcharging to proceed

A £14bn class-action lawsuit against MasterCard for allegedly overcharging more than 45 million people in Britain over a 16-year period was blocked by a British court on Friday.

The competition appeal tribunal (CAT), a newly empowered court that oversees Britain’s fledgling class action regime, ruled that it would not grant the necessary collective proceedings order for the case to continue to trial.

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