Lawyers
Global antitrust department co-head Nicole Kar, European litigation group head Richard Hornshaw and litigation partner Leo Kitchen published an article, “Voluntary Redress in UK Competition Enforcement: From Failure to the Future,” in Competition Law Journal. The article, published on June 1, discusses how provisions for voluntary redress for competition law infringements have never been used since their introduction by the Consumer Rights Act 2015. “This failure matters,” the authors say, noting that, as a result, “many victims go uncompensated, while others must rely on uncertain, complex and protracted collective litigation that may only deliver modest outcomes at considerable cost and with considerable delay.” Drawing on case law, settlement experience and regulatory analogies, they propose a series of reforms, including strengthened incentives, opt-out provisions and enhanced Competition and Markets Authority powers, that would make the current regime both effective and acceptable.
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