New Competition Act does not deliver - yet

• Localización: The Lawyer, ISSN-e 0953-7902, Vol. 30, Nº. 35 (10/12/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The CRA 2015 giveth and the 2015 CAT rules taketh away with a transitional regime that hampers collective redress and benefits cartels.

    On 1 October 2015 cartelists and other competition law infringers up and down the land must have been rubbing their hands in glee. This was the day when we were supposed to be celebrating the brave new world of the Competition Act 1998 (CA) as amended by the Consumer Rights Act 2015 (CRA), a world of enhanced private claims and collective redress in the CAT. Yet the transitional provisions contained in Rule 119 of the Competition Appeal Tribunal Rules 2015 create a major road block. The transitional regime they create has a very broad temporal and material scope. Then the regime provides a narrow gateway into the new promised lands of flexible standalone claims and of collective redress