UK Tribunal Finalizes Settlement in Class Action Against Mastercard

The U.K.’s Competition Appeal Tribunal announced its judgment Tuesday (May 20) in a long-running class action lawsuit that was brought against Mastercard over its swipe fees.The judgment determines the distribution of the settlement of 200 million pounds that was announced in February, the Competition Appeal Tribunal said in a summary of the judgment.It approves the settlement sought by the class representative, Walter Merricks, and Mastercard, according to the summary.The funder of Merricks’ lawsuit, Innsw ...