Background On 24 May 2024, royal assent was granted to the UK Parliament’s Digital Markets Competition and Consumers Act (“DMCC”) (available here), a year after the Bill was first introduced to Parliament. The DMCC brings the most significant reforms to UK competition and consumer law in two decades, enhancing the existing powers of the Competition…
The UK Competition and Market Authority has launched an investigation into Ticketmaster over its dynamic pricing of concert tickets. This follows widespread complaints about Ticketmaster increasing ticket prices in response to large demand for band Oasis’s reunion tour. Dynamic pricing is not a new practice. Airlines and ride-hailing companies like Uber are particularly well-known for…
Continuing with the trend from previous years, important competition law and policy developments emerged in the UK during 2023. Amongst other things, highly anticipated proposals for major legislative reform were finally introduced in the UK Parliament, the UK’s competition and sector authorities continued to handle a substantial enforcement caseload, whilst the UK government continued to…
The UK’s Competition and Markets Authority (the “CMA”) has published a research report on competition and market power in labour markets. The report is likely to reinforce the CMA’s determination to use its competition law powers to tackle anti-competitive behaviour in labour markets, as well as the case for broader legislative reform. The report…
Much ink has already been spilled on various aspects of the landmark Digital Markets, Competition and Consumers (DMCC) Bill.[1] This post focuses only on parental liability, which appears not to have received much attention. Under the current draft of the DMCC Bill, both the digital markets and consumer protection proposals envisage lifting the corporate veil…
On 30 October 2023, the British Competition and Markets Authority (CMA) published its new prioritisation principles. These principles aim to guide the CMA’s choice of work when enforcing the competition rules, particularly as the CMA does not have the resources to act in all instances. Seemingly little has changed in the text since the previous…
This is an exciting time to be involved in competition law litigation in the UK. There are numerous claims before the specialist competition court in the UK and, in particular, it is notable that we are witnessing a surge in applications under the new consumer collective opt-out redress provisions introduced by the Consumer Rights Act…
On 21 September 2023, Advocate General (AG) Kokott delivered an opinion on the application of limitation rules for antitrust damages actions (Opinion) in the context of a preliminary ruling reference. She invited the Court of Justice to rule, among other things, that the limitation periods may not start to run until the relevant anticompetitive conduct…
Many competition authorities would have given up on excessive pricing cases when the Competition Appeal Tribunal (the Tribunal) annulled a fine of more than £80m which the UK Competition and Markets Authority (CMA) had imposed on Pfizer and Flynn for increasing prices for Phenytoin sodium capsules by 700-2,600%. Many, but not the CMA. The UK’s…
With a much-unanticipated outcome, on 26 July 2023, the Supreme Court of the United Kingdom (UKSC) finally handed down its long-expected judgement in R (on the application of PACCAR Inc and others) v Competition Appeal Tribunal and others [2023] UKSC 28, a decision that is considered to have a significant hit on the litigation funding…
