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 substantial fees even when cancellations occur before the scheduled stay, breaching consumer expectations and causing financial burden. The lawsuit seeks financial
Competition Appeal Tribunal Upholds MasterCard Interchange Fee Ruling
The Competition Appeal Tribunal (CAT) has maintained its previous determination on the mastercard interchange fees, rejecting an request from MasterCard. This means that the original judgment that MasterCard's interchange charges are exploitative will stand. The CAT rejected all of MasterCard's claims, finding them to be unsubstantiated. This win f
MasterCard's Competitive Landscape: Exploring Appeals
The competitive realm of the financial industry necessitates a robust legal framework to ensure fair practices. When it comes to challenges involving processing networks like MasterCard, the appeals process serves a crucial role in upholding competition law principles. Understanding this process is essential for stakeholders across the financial ec