Amazon has been hit with a class action lawsuit over suspected illegal refund practices. The lawsuit, filed in district court, states that Amazon wrongfully denies refunds from buyers breaching state and federal laws. The lawsuit seeks financial compensation for affected consumers. It also asks the court to stop Amazon's alleged refund practices… Read More


The Competition Appeal Tribunal (CAT) has maintained its previous ruling on MasterCard interchange fees, rejecting an challenge from MasterCard. This means that the prior conclusion that MasterCard's interchange fees are unfair will stand. The CAT dismissed all of MasterCard's claims, finding them to be lacking. This win for businesses is a major s… Read More


The Competition Appeal Tribunal this week released its decision on Mastercard's interchange fees. The tribunal ruled that Mastercard engaged in anti-competitive practices by imposing excessive interchange fees on merchants. This judgment could have significant implications for the payments industry, as it might lead to lower costs for businesses an… Read More