Visa, Sainsbury's Tussle Over Docs In £126M Swipe Fee Suit
By Richard Crump (March 29, 2021, 8:09 PM BST) -- Sainsbury's PLC must disclose further information to Visa in its £126 million ($173.9 million) lawsuit over the credit card company's unlawfully high merchant fees, a specialist London competition court said Monday in a ruling that fell short of the extent of disclosure demanded by Visa.
In a mixed decision, the Competition Appeals Tribunal ordered the big supermarket chain to disclose internal discussions analyzing benefits associated with innovations in credit card technology but trimmed a clutch of Visa's requests for additional information stemming from the long-running suit.
At a case management hearing, lawyers for Visa argued Sainsbury's should provide further information covering...
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