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A huge £1.1billion class action lawsuit has been launched against Vodafone, EE, Three and O2 over claims millions were overcharged. The more than £1.1bn plus opt-out claim alleges that the companies used their market dominance to overcharge on up to 10.9 million UK mobile phone contracts.

The class action is the first to target the Major Network Operators' (i.e. Vodafone, EE/BT, Three, and O2) practice of charging "loyalty penalties" - charging existing customers more than new customers for the same services.

Consumer rights champion Justin Gutmann and the law firm Charles Lyndon have announced that class action proceedings.

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If successful, a claimant could receive as much as £104 for every contract they took

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