Source: All England Reporter
Publisher Citation: [2017] All ER (D) 17 (Dec)
Neutral Citation: [2017] EWHC 3047 (Comm)
Court: Queen's Bench Division (Commercial Court)
Judge:

Phillips J

Representation Mark Brealey QC, Derek Spitz and Sarah Love (instructed by Morgan, Lewis & Bockius UK LLP) for Sainsbury's.
  Dinah Rose QC, Daniel Jowell QC, Brian Kennelly QC, Daniel Piccinin and Jason Pobjoy (instructed by Milbank Tweed Hadley & McCloy LLP and Linklaters LLP) for Visa.
Judgment Dates: 30 November 2017

Catchwords

European Community - Rules on competition - Claim for declaration on whether defendants' multilateral interchange fee for visa payment card transactions in UK restricting competition under art 101(1) of the Treaty on the Functioning of the European Union

The Case

European Community Rules on competition. The defendants' (together, Visa's) multilateral interchange fee for Visa payment card transactions in the UK did not restrict competition within the meaning of art101(1) of the Treaty on the Functioning of the European Union. The Commercial Court so held in dismissing a claim brought by Sainsbury's Supermarkets for a declaration and for damages of 148,636,686.

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