Luxury tycoon Bernard Arnault unleashes legal blitz on Visa and Mastercard
[...]Bernard Arnault’s sprawling business empire has launched a raft of legal claims against Visa and Mastercard amid an ongoing row over credit card fees.[...]
[...]These fees are paid by retailers to banks when they accept card payments via Visa or Mastercard.
However, companies have long argued that the fees charged by the two payment providers are anti-competitive, costing them billions of pounds and driving up prices for consumers.[...]
https://www.telegraph.co.uk/bu....siness/2024/05/04/lu
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