Much ink has been spilt following 2 Travel v. Cardiff Bus and Albion Water v. Dŵr Cymru Cyfyngedig on the subject of competition litigation in Europe.  An axiom with varying justification is that European competition litigation must not embrace exemplary damages.  This sits oddly with the decisions of the Competition Appeal Tribunal (CAT) to award…

Most favoured customer clauses have risen to increasing prominence in both leading antitrust systems over the past two years.  In the European Union, this came in the form of a little noted, but potentially significant, settlement with the Hollywood majors regulating their investment in new cinema equipment.  In the United States, litigation relating to most…