The UK Supreme Court in Mastercard v Merricks: an economics perspective
K. Shah1Case note: [ 2020 ] UKSC 51, 11 December 2020
The Mastercard v Merricks case is the biggest case in the UK, and a contender for one of the largest class action cases globally, representing 46 million class members. The reason the case is of great interest and importance, however, is not its size, but its implications for the class action regime in the UK, and the landscape for collective redress more generally.
The Supreme Court handed down its judgment in December 2020 (the Judgment), reigniting the GBP 14 billion collective opt-out proceedings and giving Mr Merricks the green light to have his case for certification reheard in the Competition Appeal Tribunal (CAT). The Supreme Court made several key findings about the CAT's decision in the Merricks case. These findings, alongside their legal implications, are summarised in an article by Rachael Mulheron in this publication.2
1. Key takeaways
The main tak...
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