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300 UK Hotel Companies Sue Mastercard Over Swipe Fees

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Sig4.10Sen-3.90Env0.00Soc-1.40Gov-4.60

Around 300 UK hotel companies have filed a lawsuit challenging Mastercard multilateral interchange fees tied to card transactions. The claim alleges Mastercard’s fee arrangements restricted competition and led merchants to pay higher charges than they otherwise would. Damages are not stated, but the case adds to ongoing disputes about Mastercard’s interchange-fee economics.

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