The Competition Appeal Tribunal (CAT) is currently reviewing MasterCard's transaction processing fees. This assessment comes in response to complaints lodged by financial institutions who claim that the fees are excessive and stifle competition. The CAT will thoroughly examine all arguments submitted before making a judgment on the matter. This inq
MasterCard's Interchange Fee Ruling Upheld by the Competition Appeal Tribunal
The Competition Appeal Tribunal (CAT) has reserved its previous ruling on the mastercard interchange fees, rejecting an appeal from MasterCard. This means that the initial conclusion that MasterCard's interchange charges are exploitative will stand. The CAT overturned all of MasterCard's arguments, finding them to be without merit. This success for
SA Class Action Law
In the ever-evolving legal landscape of South Africa, class actions have emerged as a potent tool for bringing to account corporations accountable south african class actions for their actions. These collective lawsuits facilitate individuals who have suffered similar damage at the hands of a single entity to join forces and seek compensation. The