Mastercard Agrees to $200 Million Settlement in UK Fee Overcharging Case

In a significant development that has captured the attention of consumers and financial markets alike, Mastercard has announced its decision to settle a class-action lawsuit in the UK concerning allegations of overcharging merchants. The settlement amount stands at a sizeable £200 million (approximately $250 million), a move that underscores the mounting scrutiny tech and financial service companies face over their fee structures.

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