header-logo header-logo

05 September 2013 / Peter Stevens
Issue: 7574 / Categories: Features
printer mail-detail

Power to the people

Peter Stevens outlines the proposals to enhance collective redress mechanisms

The Consumer Rights Bill is a major piece of legislation, consolidating and updating swathes of consumer protection legislation in the UK. When the Bill was published on 12 June 2013, most of it came as little surprise, as it has already been extensively trailed in consultation papers and draft clauses. However, tucked away at the end, s 82 reads quite simply, “Schedule 7 (private actions in competition law) has effect”.

This is nothing to do with the Consumer Rights Directive, which the rest of the Bill is designed to implement, but has been on a separate agenda for some time. The Office of Fair Trading (OFT) published recommendations in this area in November 2007 and the European Commission’s Green Paper in November 2008 canvassed opinions on a number of options for harmonising the collective redress mechanisms across the EU. The UK government launched its own consultation paper in April 2012 and, in January 2013, announced its intention to legislate. Meanwhile, the European Commission’s draft directive

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
back-to-top-scroll