LVMH owner launches legal claims over Visa and Mastercard fees

Louis Vuitton owner LVMH has launched a raft of legal claims against Visa and Mastercard amid a long-standing dispute over credit card fees.
More than a dozen brands that form part of LVMH, including Tiffany & Co, Christian Dior and Bulgari, have issued lawsuits against the US payment giants in the High Court, according to The Telegraph.
Details of the LVMH case have not been made public but are thought to be linked to the long-running battle over interchange fees, which are paid by retailer