Competition Appeal Tribunal awards compound interest on £68.6m damages award

On 14 July the UK Competition Appeal Tribunal (CAT) issued its judgment in the damages claim brought by Sainsbury's against MasterCard. It held that certain interchange fees set by MasterCard were anti-competitive and awarded damages of £68.6m, plus interest. The decision has many significant features from a competition litigation perspective, including that it is: the first … Read more