A two-day hearing of the
Competition Appeals Tribunal in London, starting tomorrow, will determine whether the case can proceed to a full trial.
The proposals include plans to extend the jurisdiction of the
Competition Appeals Tribunal to hear collective claims and collective settlements.
For instance, in the United Kingdom, the review by the
Competition Appeals Tribunal of a prohibition order of the Competition Commission is not a full review of the competitive effects of the transaction, but rather the inquiry is limited to "the lawfulness of a decision and not its correctness." (11)
Cardiff Bus - which is owned by Cardiff council - was ordered to pay PS93,000 in compensation after a
Competition Appeals Tribunal found its tactics had driven its rival 2Travel off the road in 2004.
Directors for now defunct cheap bus operator 2Travel had asked the
Competition Appeals Tribunal for nearly pounds 20m in compensation - a bill that would have had to be met from public coffers at Cardiff council.
Budget Irish airline Ryanair (LSE:RYA) today announced it welcomed the decision by the Court of Appeal to overturn the February 2010 decision of the
Competition Appeals Tribunal.
The challenge to the
Competition Appeals Tribunal was confirmed following a meeting of top-flight clubs' chairmen.
This year they were caught up in the
Competition Appeals Tribunal case involving the BHB.
The watchdog last week back-tracked on that decision after the Association of Convenience Stores announced it would appeal to the
Competition Appeals Tribunal.
The
Competition Appeals Tribunal ruled bosses of JJB Sports and Allsports agreed to set the price of a Man United shirt launched in 2000.
The deal, which faced objections from Australian rival IBA Health, was initially cleared by the Office of Fair Trading last year, but in November the
Competition Appeals Tribunal set aside the OFT's decision with a ruling that challenged its jurisdiction.