LONDON, January 25, 2021: Morgan Lewis London managing partner Frances Murphy has been named to The Lawyer’s “Hot 100” list for 2021. The annual recognition celebrates excellence and relevance in the UK legal industry.
Frances was selected for her role as lead counsel for Sainsbury’s, which secured a landmark victory last year in the UK Supreme Court against payment card company Visa over multilateral interchange fees. Prior to Sainsbury’s win, there had been no English or European ruling that Visa’s multilateral interchange fee is a restriction of competition.
The Supreme Court judgment will have significant implications for the payment card schemes that currently have a competition infringement finding against them in relation to their interchange fees.