Law Firm: European Commission and Transaction Fees

law firm: Joining forces with the largest law firm in the world devoted solely to business litigation, Walter Merricks decided to take on the biggest class action in British history, believing millions of consumers had paid higher prices in shops for 16 years because of allegedly excessive transaction fees, according to The Independent. I thought, Right. So when Mastercard didn't respond to a ruling from the European commission that it was profiting unfairly on transaction fees, the lack of contrition propelled him into action. You're on', the former financial ombudsman told the Observer. Last week Merricks's ambition was vindicated when the court of appeal ruled in his favour, meaning the Competition Appeal Tribunal, which had previously thrown out his claim, will have to reconsider it. Let's make this go. (news.financializer.com). As reported in the news.