Interest(ing): Compound interest and compound inflation in Merricks v Mastercard

23 Aug 2021

One of our Directors, James Harvey, has shared his insights on the Competition Appeals Tribunal’s (CAT) certification of the claim brought by Mr Merricks against Mastercard, the first-ever antitrust class action in the UK. His article explores the CAT’s decision to not allow the claim to include compound interest, which reduces the potential claim from £16 billion to £13.8 billion – a reduction of around £48 for each of the 46 million people in the class.

Pin It on Pinterest