Sainsburys’s wins €83m from Mastercard dispute

British supermarket giant Sainsbury’s has been awarded £69m (€83m) by a London judge following a long-running dispute over fees charged on card transactions with Mastercard.

Mastercard charges on UK credit and debit card transactions “restricted competition” according to a Competition and Appeal Tribunal judgment published yesterday.

The judgment is the first in a series of claims brought by retailers in the UK and Europe, alleging Mastercard and Visa charged anti- competitive and excessive fees on debit and credit card transactions.