header-logo header-logo

Mass campaign against Mastercard

12 December 2022
Issue: 8007 / Categories: Legal News , Collective action , Competition , Compensation
printer mail-detail
Representatives for Walter Merricks’s £17bn ‘opt-out’ claim against Mastercard have launched the biggest public noticing campaign in legal history.

A £600,000 print and digital advertising campaign targeting national, regional and social media channels will inform consumers of their rights under the claim, with about 46 million people potentially eligible for a pay-out of up to £300 each. The campaign launched last week, following the Court of Appeal’s dismissal of Mastercard’s final challenge to certification of collective proceedings, in Mastercard v Merricks [2022] EWCA Civ 1568.

The case, which is based on interchange fees paid by businesses when consumers paid by card, is the first to be brought under the collective action regime introduced by the Consumer Rights Act 2015. Everyone within the scope of the claim is automatically included unless they specifically opt out.

Former financial ombudsman Merricks said: ‘Even if you didn’t use a Mastercard and just paid for things by cash, cheque or a different card, you can still benefit from my claim.’

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

back-to-top-scroll