United Kingdom anti competitive agreements

Tesco Stores Ltd v Mastercard Inc

[2021] CAT 26

JurisdictionUnited Kingdom

CourtCompetition Appeal Tribunal

Year2021

StatusBinding authority

Summary

CAT held Mastercard's multilateral interchange fees anticompetitive and awarded follow-on damages to Tesco on a counterfactual of no default MIFs.

Key Principle

The Competition Appeal Tribunal determined that Mastercard's multilateral interchange fees were anticompetitive and awarded follow-on damages to Tesco; the counterfactual was a system without default MIFs.

Area of Law

competition

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