The Competition Appeal Tribunal (CAT) is currently investigating MasterCard's interbank fee structure. This assessment comes in response to arguments submitted by industry players who argue that the fees are inflated and stifle competition. The CAT will thoroughly examine all data provided before issuing a ruling on the matter. This case has the po
The Competition Appeal Tribunal Affirms MasterCard Interchange Fee Decision
The Competition Appeal Tribunal (CAT) has confirmed its previous determination on MasterCard interchange fees, rejecting an request from the company. This means that the initial judgment that MasterCard's interchange fees are exploitative will stand. The CAT rejected all of MasterCard's assertions, finding them to be unsubstantiated. This win for m
South African Class Actions
In the ever-evolving legal landscape of South Africa, class actions have emerged as a powerful tool for bringing to account corporations accountable for their actions. These collective lawsuits enable individuals who have suffered similar injury at the hands of a single entity to join forces and seek reparation. The goal of class actions is to ensu