The UK has introduced a class action mechanism that could lead to an increase in antitrust litigation. Most significantly, the new mechanism will enable opt-out class actions, which are potentially effective in aggregating individually low value claims, into a single high value, and economically viable, claim. The new mechanism is without precedent in the UK. Battles on class certification, injury and damages sustained by class members will be hard fought, and the UK courts may look to how the U.S. courts have approached class certification for guidance. The Consumer Rights Act 2015 The Consumer Rights Act 2015 (“CRA”), today introduces a number of important changes to how claimants can seek redress in antitrust damages claims in the UK. The most significant of these changes is the
Share on
|
|
The UK Parliament introduces a class action mechanism for antitrust damages
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.
