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Visa, MasterCard Take Swipe Fees Battle To UK's Top Court

Law360, London (August 10, 2018, 2:19 PM BST) -- MasterCard and Visa have sought permission from Britain’s Supreme Court to challenge a landmark Court of Appeal decision that found the credit card companies set charges at an unlawfully high level that restricted competition.

MasterCard and Visa have gone to the U.K.’s highest court seeking to overturn a ruling that their fees breached European Union competition rules. (AP) A spokesperson for the court confirmed late Thursday that the card operators applied to the U.K.’s highest appeals court in the last few days in a bid to...
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