UK Companies File £700m CAT Declare over Visa and Mastercard EEA Charges

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A collective proceedings declare value greater than £700 million has been filed towards Visa and Mastercard on the UK Competitors Attraction Tribunal, alleging the 2 card networks exploited the elimination of EU interchange caps following Brexit to levy illegal inter-regional charges on UK companies accepting on-line funds from European Financial Space clients.

The declare is introduced by Ann Pope, a former Senior…

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