Damages Actions

European Commission: national autonomy is “subordinate” to EU competition rules

The European Commission took the “exceptional step” of intervening in the UK interchange fee litigation because the case raises “important questions” about the “coherence” of national bodies applying EU competition law, the enforcer’s counsel has said.

Visa and MasterCard claims are “fanciful”, retailers tell UK Supreme Court

Retailers have pushed back against Visa’s and MasterCard’s claims that their interchange fees are exempt from competition law, arguing that any purported benefits must go to merchants – not cardholders – to outweigh the fees’ restriction of competition.

MasterCard: let us “wield a broad axe” to defend conduct

Empirical data should not be required to prove a company’s conduct is exempt from competition law, counsel to MasterCard has argued to the UK Supreme Court.

European Commission: national autonomy is “subordinate” to EU competition rules

Visa and MasterCard claims are “fanciful”, retailers tell UK Supreme Court

MasterCard: let us “wield a broad axe” to defend conduct

GCR USA

Ex-Saks workers sue over no-poach agreements

Three former employees of Saks have sued the department store chain along with six luxury retailers, alleging that they entered into no-poach agreements that violated antitrust laws.

High fashion: The Tipline for 19 February 2020

It’s not every day that the worlds of antitrust and luxury goods overlap, but today they do: three former employees of department store Saks are suing the chain and six big-name luxury goods companies over alleged no-poach agreements. They say that skilled salespeople are highly valuable to companies selling expensive luxury items and that Saks and the other companies used anticompetitive employment restrictions to limit their employees’ options. We also have comments from Beau Buffier on Sprint/T-Mobile, plus more details on Evonik and Peroxychem defeating the Federal Trade Commission’s attempt to stall their merger.

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Features

The antitrust damages directive: four years on

Today marks four years since the EU antitrust damages directive was signed into law. After years of discussion, the European Parliament and the Council of the European Union intended Directive 2014/104 to make it easier for businesses and consumers to claim compensation for overcharges caused by infringements of competition law.

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Conference coverage

Presumption of parental influence a concern, barrister says

A ruling to allow two UK subsidiaries to be used as anchor defendants in follow-on litigation – on the presumption that they did not act independently of their parent companies – could increase the risk of irreconcilable judgments, a competition barrister has cautioned. Tom Madge-Wyld at GCR Live Competition Litigation

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Community news

Hausfeld gets a GRIP on Google lawsuits

Plaintiff’s side law firm Hausfeld has teamed up with a public affairs consultancy to set up the Google Redress & Integrity Platform (GRIP), which aims to attract potential clients seeking redress against the technology company over its allegedly anti-competitive practices.

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