The Court of Appeal of England & Wales has upheld a High Court judgment that a co-operative joint venture between certain racecourse owners for the supply of images, sound and data to licensed betting offices in the United Kingdom in respect of horse races held at their racecourses is not contrary to Article 81 EC; on the contrary, the Court of Appeal considered, the establishment of the joint venture has introduced competition into a previously monopsonistic upstream market. Background Until 1986, it was illegal to show in Licensed Betting Offices (“LBOs”) in the United Kingdom, live pictures of horse races. The law changed in that year and since 1987, several of the leading bookmaker firms, who also operate a majority of the LBOs in the United Kingdom, have paid a distributor,
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The UK Court of Appeal upholds a judgment that a co-operative joint venture between certain racecourse owners for the supply of images, sound, and data to licensed betting offices in respect of horse races held at their racecourses does not infringe Art. 81 EC (Bookmakers’ Afternoon Greyhound Services / Amalgamated Racing)
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