Visa failed to show fees were procompetitive, English judge rules

Tom Webb

23 February 2018

Despite finding last year that Visa’s UK multilateral interchange fee scheme was not anticompetitive, an English judge has ruled that if he had found otherwise, the fees would not have constituted procompetitive efficiencies – deepening a three-way split among different UK trial courts that have overseen retailers’ interchange fee lawsuits against card companies.