Region: United Kingdom

The UK’s specialist competition tribunal caused a “mind-boggling” amount of wasted money by delaying the handling of a carriage dispute between competing class actions that both seek damages from banks involved in the EU Forex cartel, a UK appellate judge has said.

28 April 2023

Clifford Chance has promoted competition lawyers Milena Robotham and Stavroula Vryna to its partnership in Brussels and London respectively.

28 April 2023

Mercedes-Benz is urging an English court to exercise jurisdiction over its follow-on damages claim against two German automotive parts manufacturers penalised by the European Commission, as it seeks to fend off the first post-Brexit jurisdictional challenge in a cartel case.

27 April 2023

Two competing UK class action claims that the UK’s Competition Appeal Tribunal previously rejected should not proceed against members of the EU Forex cartel on an opt-out basis as the claimants face no “practical obstacles to justice”, the defendant banks have argued.

27 April 2023

Counsel to the defendants in a pair of class actions seeking damages from members of the EU Forex cartel have argued the claimants cannot amend their lawsuits to rely on the latest European Commission infringement decision in that probe.

26 April 2023

Lawyers predict that late revisions by the UK’s competition watchdog to its provisional findings in Microsoft/Activision Blizzard will play a key role in the companies' appeal against a merger block that surprised many but was altogether consistent with the agency’s “very strict approach” to behavioural remedies.

26 April 2023

Michael Engel has left Kirkland & Ellis to join White & Case as a partner in London.

26 April 2023

The UK’s Competition and Markets Authority has prohibited Microsoft’s $68.7 billion purchase of Activision Blizzard, warning the deal would harm competition and “the future of the fast-growing cloud gaming market”.

26 April 2023

The UK government has finally introduced a law establishing a new regulatory regime to tackle dominant technology companies and give the country’s competition authority bolstered investigative and enforcement powers.

25 April 2023

Two appellate judges today questioned if the UK’s Competition Appeal Tribunal was too quick to reject a pair of competing opt-out forex collective actions, while counsel to both proposed class representatives attacked the earlier judgment for being “replete with legal errors”.

25 April 2023