Mastercard Secures UK Court Approval for $200 Million Settlement in Landmark Class Action Case

In a decisive move for both Mastercard and its customers, the UK High Court has granted approval for a monumental settlement of approximately $200 million aimed at putting an end to ongoing class action claims. This agreement is seen as a pivotal moment in the company's efforts to resolve allegations that it had engaged in anti-competitive practices that led to inflated card processing fees affecting millions of consumers.

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