Stand up for something! MasterCard suffered astronomical claims-nlite

Stand up for something! MasterCard suffered astronomical price claims information: Master card. (source: Xinhua Reuters) Xinhua news agency, Beijing September 10th new media news (reporter Yan Jie) who had helped mediate disputes between consumers and financial institutions, the former British officials recently a paper petition, the world’s second largest payment network Master Card Inc to court. The official believes that MasterCard to contracted merchants illegal charge high credit card fees, thus disguised increase consumers pay the cost of compensation should be a total of 14 billion pounds (about 127 billion yuan) of the "damages". Reuters reported on 9, the lawsuit may claim damages record ever in the UK, and the plaintiff · Walter Merricks is backing is not small. He served as a Financial Ombudsman from 1999 to 2009 to help resolve disputes between consumers and financial institutions. He submitted to the British court of appeal in the competition to identify the more than and 600 page complaint, MasterCard allegedly in 1992 to 2008 of 16 years, to the contracted merchants illegal charge high credit card fees, which costs ultimately passed on to the consumer. "This is an almost invisible tax," said MasterCard "Merricks, do not shine." . (source: British "sun" website) Merricks filed a lawsuit is not Weakness lends wings to rumours. Two years ago, the EU antitrust regulators have found that MasterCard card fees levied on the signing of the merchant in the EU to deal with the international payment business is too high. In the law firm Quin · Emanuel "view, is of special significance that a lawsuit, unless to opt out, involved in the proceedings of the 16 years, all the life and use of credit cards, cash or cheque in the UK as a means of payment in more than 16 years of age will automatically become a member the plaintiff. According to a rough calculation of the Reuters, if 14 billion pounds damages equal to the final implementation and the plaintiff qualified, then each of them can get the compensation will be more than 300 pounds (2660 yuan). For this price litigation, Master Card Inc issued a statement denying any wrongdoing. "We have been firmly opposed to the legal basis of the lawsuit, and we will strongly oppose it." According to the Reuters that around this lawsuit the first hearing may be held at the beginning of 2018, unless the Master Card Inc seeking an out of court settlement. (end) more exciting content to pay attention to WeChat search public number: Tencent Finance (financeapp).相关的主题文章: