competition law update - in house lawyers forum 2015, matthew woodford
TRANSCRIPT
Competition law update In house lawyers forum – March 2015
• general update
• damages actions
– more claims?
• online restrictions
– continued focus area
– limited guidance
• lease restrictions
What will we cover?
• target = individuals
• quiet before the storm?
• appeal it or lump it up!
• settlements
• EU fines (2014) €1.7 billion
• UK fines (2014) £0.37 million
• a lot of talk for a long time
• UK and EU reforms
• UK – 1st October 2015?
• EU – 27th December 2016
• more claims & more damages
• collective actions
• opt-out actions / settlement (cf. EU)
• aggregated damages
• enforced redress schemes
• fast-track procedure
• leniency protection
– access to documents
– joint & several liability
• damages
– presumption of harm / reversing burden
of proof
– power to estimate harm
– no punitive / multiple damages
– passing-on defence / loss of profits
• settlement
• major CMA priority
• UK is world’s most internet-dependent
economy
– £118 billion a year
– 8.3% GDP
– 2 x G20 average
• but, very little guidance!
• price
– internet minimum advertised prices
– online price bans
– restricting online discounts
• German cases
– eBay/Amazon marketplace bans
– price comparison engine bans
– Google AdWords ban
• permitted/restricted user clauses
– OFT / CMA guidance
– simple restriction?
– linked to exclusivity?
• Martin Retail Group case
– no sale of groceries user clause
– no exemption under Competition Act
• increasing reference to case by
landlords and tenants
• not all that it seems!
Get in touch if you have any questions or
would like further information.
t +(0)121 237 3965