Mastercard Sued for $19 billion - KWWL - Eastern Iowa Breaking News, Weather, Closings

Mastercard Sued for $19 billion

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Mastercard  is being sued for $19 billion in Britain's biggest damages claim. They are accused of charging excessive fees on millions of transactions over a 16-year period. This reportedly happened between 1992 and 2008. Mastercard has denied any wrongdoing. Any person living in Britain who used a credit card, cash, or check over the 16 years is automatically a part of the claim.

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