THE COMPETITION AND MARKETS AUTHORITY (CMA) CONSULTS ON REDRESS IN COMPETITION CASES

Consumer Protection, Damages Actions, PRIVATE ANTITRUST ENFORCEMENT, Settlements, United KingdomLeave a comment

The CMA has opened a consultation on draft guidance on its power to approve redress schemes offered in competition cases. This is due to the new Consumer Rights Act 2015 expected to come into force in October 2015, that will give parties to competition investigations who have breached the law the power to submit a…

CMA CONSULTS ON MODIFIED MOTOR INSURANCE ORDER

Cartels, Market Partitioning, Market Study, United KingdomLeave a comment

The CMA is consulting on a modified draft order, which sets out how changes resulting from its investigation into private motor insurance will be introduced and monitored. In September last year, the CMA published its final report into private motor insurance which said that it would: ban agreements between price comparison websites and insurers which…