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MasterCard To Face $24.7B UK Interchange Fee Antitrust Suit

By Melissa Lipman (July 6, 2016, 12:04 AM BST) -- MasterCard is set to face the U.K.'s largest-ever proposed consumer collective action, with Quinn Emanuel Urquhart & Sullivan LLP saying Tuesday it will seek £19 billion ($24.7 billion) in damages from the credit card giant for allegedly fixing anti-competitive swipe fees....

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