Walter Merricks

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Last quote by Walter Merricks

In essence this is a simple case. It has been conclusively established that Mastercard acted unlawfully and anti-competitively in imposing excessive credit and debit card fees. If I can establish the total amount of harm that Mastercard has caused to UK consumers, then why should consumers then get nothing at all if I cannot calculate the precise loss that each individual consumer suffered? Rather than allow consumer recovery, this would reward unlawful conduct by allowing companies to keep their ill-gotten gains.feedback
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Aug 14 2017
Walter Merricks has most recently been quoted in an article called Court blocks $18 billion British class action against MasterCard. Walter Merricks said, “The new collective action regime was introduced by the Consumer Rights Act to overcome the difficulty for consumers seeking to recover losses from competition law infringements. I am concerned that this new regime, designed to benefit consumers, may never get off the ground.”. Walter Merricks has been quoted a grand total of 3 times in 3 articles.
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