Mastercard Inc. News

Mastercard Inc. won a London court’s approval for the £200 million ($253 million) agreed to pay to end a high-profile class action over the fees it charges, which was initially estimated to be worth more than £10 billion ($12.6 billion). …

Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according to the firm that funded the lawsuit. The credit-card company “skillfully maneuvered” claimant Walter Merricks and his lawyers by offering …