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Collective proceedings for damages in UK Competition Law. Case comment to the judgment Merricks v Mastercard [2019] EWCA Civ 674

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McMahon, Kathryn E. (2019) Collective proceedings for damages in UK Competition Law. Case comment to the judgment Merricks v Mastercard [2019] EWCA Civ 674. Yearbook of antitrust and regulatory of Studies, 12 (20). pp. 245-258. doi:10.7172/1689-9024.YARS.2019.12.20.10 ISSN 1689-9024.

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Official URL: http://doi.org/10.7172/1689-9024.YARS.2019.12.20.1...

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Abstract

Merricks v Mastercard [2019] is the first action under the newly developed ‘opt-out’ collective proceedings regime for aggregate damages under UK competition law to be considered by the UK Court of Appeal. It is significant for both the level of damages (£14 billion (€16 billion)) and the clarification of the legal test at the certification stage for the suitability for an aggregate award: the method for calculation of the aggregate damages and the sufficiency of evidence. The Court’s lowering of these thresholds importantly opens the door to future class actions and reasserts the importance of collective proceedings as a valuable means of redress for competition law infringements. The decision has now been appealed to the UK Supreme Court where these issues may be further clarified and resolved.

Item Type: Journal Article
Subjects: K Law [Moys] > KN Common Law, Private Law
Divisions: Faculty of Social Sciences > School of Law
Library of Congress Subject Headings (LCSH): Antitrust law -- Great Britain, Antitrust law -- European Union countries
Journal or Publication Title: Yearbook of antitrust and regulatory of Studies
Publisher: University of Warsaw
ISSN: 1689-9024
Official Date: December 2019
Dates:
DateEvent
December 2019Published
1 July 2019Accepted
Volume: 12
Number: 20
Page Range: pp. 245-258
DOI: 10.7172/1689-9024.YARS.2019.12.20.10
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access (Creative Commons)
Copyright Holders: Copyright by Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego, Warszawa 2019
Description:

JEL: K2, K3, L4, M2

Date of first compliant deposit: 6 January 2020
Date of first compliant Open Access: 13 January 2020
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