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Oct 01, 2015

Consumer Rights Act 2015: Private Actions for Breaches of Competition Law – Overview of the New Regime

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The 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.

View full memo, Consumer Rights Act 2015: Private Actions for Breaches of Competition Law – Overview of the New Regime

Authors and Contributors

Jo Rickard

Partner

Litigation

+44 20 7655 5781

+44 20 7655 5781

London

James Webber

Partner

Antitrust

+44 20 7655 5691

+44 20 7655 5691

London

Susanna Charlwood

Partner

Litigation

+44 20 7655 5907

+44 20 7655 5907

London