How Antitrust Class Actions Will Work In The UK

Law360, New York (April 9, 2015, 10:29 AM EDT) -- On March 26, 2015, the Consumer Rights Act 2015 received royal assent. It is expected to come into force on Oct. 1, 2015. Part 1 of Schedule 8 to the Consumer Rights Act introduces significant reforms to the Competition Act 1998.[1] The United Kingdom is already the European forum of choice for private competition law claims,[2] and the Consumer Rights Act seeks to cement this position by making it easier for claimants to “gain access to redress where there has been an infringement of anti-trust provisions”...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.