Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
UK Supreme Court Dismisses Fee Lawsuit Against Revolut, Visa, and Mastercard

UK Supreme Court Dismisses Fee Lawsuit Against Revolut, Visa, and Mastercard

AIcoinAIcoin2026/01/15 12:17
Show original
The lawsuit filed by digital bank Revolut, Visa, and Mastercard in the UK against the regulatory cap policy on international transaction fees has been dismissed. The London High Court ruled that the UK Payment Systems Regulator has the authority to set price caps on cross-border interchange fees. Since Brexit, the relevant fee amounts have increased significantly. Visa and Revolut had initiated a judicial review in 2025, claiming that the regulator had exceeded its authority and affected market competition. As of press time, none of the three parties have responded to the ruling.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Bank of Japan raises interest rates to 31-year high; Governor Ueda Kazuo: Does not rule out a 50 basis point or consecutive rate hikes, but cautions against excessive tightening of financial conditions

The Bank of Japan (BOJ) raised interest rates on Friday to the highest level in 31 years and signaled its readiness to continue increasing borrowing costs, joining other major central banks in combating the persistent inflation pressures triggered by surging oil prices.

智通财经2026/09/18 08:31