The UK Competition Appeal Tribunal sets aside the OFT's decision, subject to the OFT giving undertakings as to what actions it must subsequently take within a definite period of time (Association of British Insurers)

Delarue, Sandrine

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30 Jul 2004

The UK Competition Appeal Tribunal sets aside the OFT’s decision, subject to the OFT giving undertakings as to what actions it must subsequently take within a definite period of time (Association of British Insurers)

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Reference

Competition Appeal Tribunal (Order), Association of British Insurers, Case n° 1036/1/1/04, 30 July 2004

1. Introduction The Competition Appeal Tribunal (“CAT”) Order of 30 June 2004 relates to the unusual situation where the Office of Fair Trading ("OFT") decided not to contest the appeal against its decision. In its Order, the CAT set aside the OFT's decision, subject to the OFT giving undertakings as to what actions it must subsequently take within a six months period. The OFT, in its decision appealed by the Association of British Insurers (“ABI”), considered that ABI's General Terms of Agreement (“GTA”) infringed the Chapter I prohibition but, subject to certain changes, would qualify for individual exemption. ABI appealed the decision requesting the CAT to set aside the OFT's decision; make a decision that the GTA did not infringe the Chapter I prohibition; alternatively to make a

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Sandrine Delarue
United Kingdom’s Competition Authority - CMA (London)

United Kingdom 7 contributions 12628 visits

Quotation

Sandrine Delarue, The UK Competition Appeal Tribunal sets aside the OFT’s decision, subject to the OFT giving undertakings as to what actions it must subsequently take within a definite period of time (Association of British Insurers), 30 July 2004, e-Competitions July 2004, Art. N° 27709

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