In a significant development in the UK, Mastercard has reached a settlement in what is considered the first-ever mass consumer action concerning unlawful fees. This settlement marks the culmination of nearly nine years of litigation, according to solicitor Walter Merricks.
Merricks expressed satisfaction with the outcome, stating, “I am very pleased that after nearly nine years of litigation with Mastercard, I have agreed to a settlement that I believe will deliver meaningful compensation to class members who chose to come forward to participate in the distribution of the damages.”
For further details on the case and settlement specifics, you can access the original article on the FeedBlitz website.