Topic: Collective actions

CAT chairman questions alleged effects of Forex cartel

The UK judge overseeing two proposed class actions against members of the Forex cartel has laid out his initial concerns about both claimants’ theories of harm.

15 July 2021

Banks urge UK tribunal to avoid opt-out route in Forex cartel claims

Neither of the proposed UK class actions seeking damages from members of the Forex cartel should proceed on an opt-out basis, the defendant banks have argued.

14 July 2021

Forex cartel had marketwide impact on every currency trade, UK tribunal told

Banks that rigged foreign exchange rates for specific currency trades also tacitly colluded on pricing strategies, affecting other trades between different customers and banks that were not part of the conspiracy, an expert economist has told the UK’s Competition Appeal Tribunal.

13 July 2021

Dutch chief economist defends limited sustainability guidance

Competition authorities can borrow from environmental economics to calculate the social benefits of environmental improvements, the chief economist at the Dutch antitrust enforcer has argued.

12 July 2021

UK class action claim accuses train operator of inflating ticket prices

An English law firm is bringing an opt-out class action claim on behalf of around one million consumers against a train operator that allegedly inflated ticket prices on the London to Brighton train route.

07 July 2021

Economic Insight opens UK class actions practice

Economic Insight has launched a new collective and class actions practice in London, which the consultancy says is an extension of its established competition practice.

06 July 2021

WATCH: GCR Connect: Germany

GCR Connect: Germany took place on 20 May. A full recording is now available to watch.

30 June 2021

Peru clarifies approach to collective damages claims

Peru’s competition authority has published new guidance clarifying when it will pursue damages claims for classes of consumers who have been harmed by anticompetitive conduct.

03 June 2021

Canadian court spikes class action against ice-hockey leagues

A Canadian court has dismissed a class action claim against several major North American ice-hockey leagues accused of conspiring to restrict opportunities for junior players, confirming that criminal cartel rules do not apply to buyer-side agreements.

01 June 2021

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