The UK Parliament allows opt-out antitrust class actions, with strong safeguards

Collective actions after the Consumer Rights Act 2015* On 30 March 2015 the Consumer Rights Act 2015 received Royal assent, introducing opt-out collective actions into UK competition law enforcement. [1] The UK system of private enforcement has long being criticised for being ineffective in compensating small businesses and consumers. The new opt-out procedures is hoped to encourage victims of anticompetitive conduct to seek redress in the Competition Appeal Tribunal (CAT). It mainly implements the changes suggested by the Department for Business, Innovation & Skill (BIS) that had consulted on options for reform in 2012. Opt-out collective or class actions are one mechanism to aggregate small individual claims. The success of class action rules depends on whether they provide

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  • University of East Anglia

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Sebastian Peyer, The UK Parliament allows opt-out antitrust class actions, with strong safeguards, 26 March 2015, e-Competitions March 2015, Art. N° 73346

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