October 1, 2015
Consumer Rights Act 2015: Private Actions for Breaches of Competition Law – Overview of the New RegimeThe entry into force of the Consumer Rights Act 2015 (“CRA15”) on 1 October 2015 sees the overhaul of the private enforcement regime in England & Wales. The CRA15, which amends both the Competition Act 1998 and the Enterprise Act 2002, introduces a number of significant reforms to the current regime, in particular ‘opt-out’ collective actions and collective settlements. In addition, from 1 October 2015, the Competition Appeal Tribunal (“CAT”) will have the jurisdiction to hear ‘stand-alone’ cases and to grant injunctions. Other key features of the new regime include the creation of a ‘fast-track’ procedure for straightforward claims; the harmonisation of the limitation period applicable to claims in the CAT with that of the High Court; and the introduction of voluntary redress schemes approved by the Competition and Markets Authority. See here for our analysis of the case.
September 25, 2015
here for our analysis of the case.
February 20, 2015
note examines the transaction and the economic analysis that supported the Commission's conclusion.
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