Lexology PRO | United Kingdom | 18 Aug 2021
The UK’s Competition Appeal Tribunal has issued its highly-anticipated decision certifying the country’s first-ever antitrust class action, designating Walter Merricks as the representative to lead the multi-billion pound claim against Mastercard.
Lexology PRO | European Union, United Kingdom | 6 Aug 2021
Mastercard and Sainsbury’s have settled their long-running dispute over the former’s unlawful multilateral interchange fee scheme, bringing an end to the supermarket’s nearly-decade old claim.
Lexology PRO | Asia-Pacific, Australia, European Union, etc. | 6 Aug 2021
A new payment services regulatory regime in Nigeria, Thailand issues guidelines on blockchain in financial services, Australia’s new guide on identifying financial criminals, and the US considers its own CBDC – plus other key anti-money laundering updates.
Lexology PRO | Australia, Canada, China, etc. | 6 Jul 2021
A look at new obligations that companies need to comply with to keep their supply chains free of forced labour.
Lexology PRO | Asia-Pacific, China | 17 Jun 2021
A top official at China’s antitrust authority has said that strong competition policy is necessary to develop the digital economy for the benefit of consumers, suggesting that enforcement in the sector will remain a key priority for the agency.
Lexology PRO | European Union, United Kingdom | 14 May 2021
Mastercard has asked the UK’s specialist competition tribunal to assess its multilateral interchange fee scheme in its true economic and legal context, warning that a failure to do so would be an “error of law”.
Lexology PRO | European Union, United Kingdom | 27 Apr 2021
The Road Haulage Association has offered to shave five years off its proposed claim period as it tries to convince the UK’s specialist competition tribunal to certify its collective action against members of the EU trucks cartel.
PRO Compliance | European Union, USA | 23 Mar 2021
An engineering company seeks a US Supreme Court ruling that could let companies use the GDPR to avoid disclosing data into the US.
PRO Compliance | USA | 23 Mar 2021
The US Supreme Court has turned down Facebook’s request for a review of a lower court’s decision on its liability under the Wiretap Act for its past internet tracking practices.
PRO Compliance | United Kingdom | 3 Mar 2021
A group of retailers have asked the UK’s Competition Appeal Tribunal to deny Mastercard’s attempts to amend its defence against damages claims arising from the credit card company’s illegal interchange fees.