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UK Court Approves £200M Mastercard Settlement for 44 Million

5/21/2025

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Summary

Story summary

A UK court has greenlit a £200 million settlement against Mastercard, paving the way for up to 44 million consumers to receive between £45 and £70 each. This landmark case, spearheaded by Walter Merricks since 2016, accused Mastercard of imposing unfair fees from 1992 to 2008, inflating prices for shoppers. Claims will soon be accepted, with payouts anticipated by 2025.

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Story summary

A UK court has greenlit a £200 million settlement against Mastercard, paving the way for up to 44 million consumers to receive between £45 and £70 each. This landmark case, spearheaded by Walter Merricks since 2016, accused Mastercard of imposing unfair fees from 1992 to 2008, inflating prices for shoppers. Claims will soon be accepted, with payouts anticipated by 2025.