9. Juli 2020
Disputes Quick Read – 91 von 101 Insights
On 17 June 2020, the Supreme Court handed down its judgment in the long-running Visa and Mastercard proceedings (Sainsbury’s Supermarkets Ltd v Visa Europe Services LLC and others; Sainsbury’s Supermarkets Ltd and others v Mastercard Incorporated and others [2020] UKSC 24). Here, the Court unanimously upheld the Court of Appeal's ruling that the setting of default multilateral interchange fees – card processing fees which have to be paid by retailers – by Visa and Mastercard was a restriction of competition.
The Court of Appeal judgment related to three separate sets of proceedings in which the Competition Appeal Tribunal and the High Court had taken different approaches to the question of infringement of competition law. The Supreme Court judgment provides welcome clarity on this point.
The Supreme Court also clarified the so-called "broad axe issue", which related to the degree of precision required in the quantification of pass-on (the extent to which the claimant has mitigated its loss by passing on some or all of any overcharge in card processing fees to its customers).
The Supreme Court held that the law does not require unreasonable precision, and insofar as the Court of Appeal required a greater degree of precision in the quantification of pass-on from Visa and Mastercard than from the retailers, it had erred. The burden is therefore not on the defendant to show the exact amount of loss that the claimant has mitigated in order to reduce any damages claimed from it.
Overall, the Supreme Court judgment is a resounding success for retailers where establishing liability is concerned. However, it does not resolve the issue of quantum, and hurdles remain for retailers to quantify their damages claims, which may be the subject of future hearings (unless settlements can be negotiated).
30. January 2025
22. January 2025
von mehreren Autoren
6. December 2024
14. November 2024
von Tim Strong, Kate Hamblin
14. November 2024
von Emma Allen
8. November 2024
von Edward Spencer
30. October 2024
von mehreren Autoren
15. October 2024
von Emma Allen, Andrew Spencer
16. July 2024
von Tim Strong, Kate Hamblin
5. July 2024
von Stuart Broom, Tom Charnley
21. March 2024
von Emma Allen, Amy Cheng
1. February 2024
von Katie Chandler, Emma Allen
12. February 2024
von Tim Strong, Nicole Baldev
14. December 2023
13. December 2023
23. October 2023
von mehreren Autoren
17. October 2023
12. September 2023
von Tom Charnley
14. August 2023
von mehreren Autoren
4. August 2023
von mehreren Autoren
21. July 2023
10. July 2023
1. June 2023
von mehreren Autoren
3. May 2023
von James Bryden
20. April 2023
von James Bryden
5. April 2023
von Tom Charnley
8. March 2023
2. March 2023
von Katie Chandler, Emma Allen
14. February 2023
13. February 2023
8. February 2023
von Jessie Prynne
19. January 2023
von Georgina Jones
3. October 2022
von Gemma Broughall
22. September 2022
von Ben Jones, Emma Allen
9. August 2022
von Nick Maday
25. July 2022
von Edward Spencer
6. July 2022
von Emma Allen
Welcome news for those pursuing fraud claims in the English Courts
28. July 2022
21. July 2022
von Edward Spencer
27. July 2022
von Stuart Broom
29. July 2022
von Jess Thomas, Lucy Waddicor
17. June 2022
von Stephanie High
13. June 2022
von Edward Spencer
26. May 2022
31. May 2022
von mehreren Autoren
4. April 2022
5. April 2022
von Stephanie High
31. March 2022
von mehreren Autoren
21. September 2021
13. September 2021
von Edward Spencer
6. September 2021
von Stephanie High
2. August 2021
21. July 2021
15. July 2021
von Jess Thomas
26. May 2021
von David de Ferrars
5. May 2021
von Stephen O'Grady
21. April 2021
von Stephanie High
31. March 2021
26. February 2021
von Tim Strong
24. February 2021
20. January 2021
von Stephanie High
12. January 2021
von Tim Strong
23. November 2020
16. October 2020
23. September 2020
7. October 2020
von Nick Storrs
26. May 2020
von Edward Spencer
12. May 2020
18. May 2020
von Katie Chandler
9. April 2020
von mehreren Autoren
15. April 2020
27. April 2020
von mehreren Autoren
21. April 2020
von Stephanie High
11. March 2020
von James Bryden
17. March 2020
von Stuart Broom
26. February 2020
von Tim Strong, Andrew Howell
21. February 2020
von Andrew Howell
2. June 2020
von Georgina Jones
16. June 2020
von Georgina Jones
2. July 2020
von Tim Strong, Georgina Jones
9. July 2020
21. July 2020
3. December 2021
24. November 2021
von Stuart Broom
8. October 2021
von Katie Chandler
10. January 2022
von Tim Strong, Jess Thomas
20. January 2022
8. March 2022
von Jess Thomas, Lucy Waddicor
22. March 2022
7. April 2022
von Emma Allen, Georgina Jones
von mehreren Autoren