The Competition Appeal Tribunal (CAT) is currently analyzing MasterCard's interbank fee structure. This assessment comes in response to concerns raised by competitors who argue that the fees are unfairly high and stifle competition. The CAT will thoroughly examine all arguments submitted before reaching a decision on the matter. This inquiry has th

The Competition Appeal Tribunal (CAT) has maintained its previous decision on MasterCard interchange fees, rejecting an request from the company. This means that the prior finding that MasterCard's interchange fees are abusive will stand. The CAT overturned all of MasterCard's assertions, finding them to be unsubstantiated. This success for busines

In the ever-evolving legal landscape of South Africa, class actions have emerged as a powerful tool for ensuring responsibility corporations accountable for their actions. These collective lawsuits enable individuals who have suffered similar harm at the doing of a single entity to join forces and seek compensation. The goal of class actions is to