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.