Merchant Interchange Fee Umbrella Proceedings

The Competition Appeal Tribunal has handed down a judgment in relation to the extent of pass-on of multilateral interchange fees (“MIFs”).

The judgment, and the Tribunal’s summary, are available here.

Jessica Boyd KC, Isabel Buchanan, Ava Mayer and Aislinn Kelly-Lyth acted for Visa.

Kieron Beal KC and Flora Robertson acted for the CICC Claimants.

Kieron Beal KC acted for the Merchant Claimants.