The UK Competition Appeal Tribunal announces an appeal against the first decision fining a party for gun jumping (Electro Rent)

ELECTRO RENT APPEALS FIRST EVER CMA FINE FOR GUN JUMPING.* Introduction and Summary An appeal has been launched against the UK competition regulator, the Competition and Markets Authority’s (CMA) first decision fining a party for gun jumping. On 20 July 2018, the Competition Appeal Tribunal (CAT) announced that Electro Rent Corporation (Electro Rent) had lodged an appeal against the decision of the CMA to impose a penalty of £100,000 on Electro Rent for failure to comply with an interim standstill obligation while its completed merger with Microlease was being investigated by the competition regulator . Electro Rent had notified the Monitoring Trustee of its intention to terminate the lease over its only UK premises but the CMA argued that the Monitoring Trustee had no authority to

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Bryan Cave Leighton Paisner (London)

Quotation

Robert Bell, The UK Competition Appeal Tribunal announces an appeal against the first decision fining a party for gun jumping (Electro Rent), 13 August 2018, e-Competitions Bulletin December 2018, Art. N° 88524

Visites 37

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues