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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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WRAP-collective-damages-UK-competition-law-case-comment-McMahon-2019.pdf - Published Version - Requires a PDF viewer. Available under License Creative Commons Attribution No Derivatives. Download (238Kb) | Preview |
Official URL: http://doi.org/10.7172/1689-9024.YARS.2019.12.20.1...
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: |
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| 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 |
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| Date of first compliant deposit: | 6 January 2020 | ||||||
| Date of first compliant Open Access: | 13 January 2020 | ||||||
| Related URLs: |
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