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16 August 2007 / Vincent Smith
Issue: 7286 / Categories: Features , Competition
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Right to redress

Vincent Smith considers how cartel victims could benefit from EU enforcement and compensation initiatives

Competition is seen as the essential way to make sure markets of all kinds deliver high-quality, keenly-priced goods and services. But the efficiency of the market mechanism is undermined by both cartel activity and abuse of market power—market “dominance”. To date the main method of tackling these competition law infringements has been through public enforcement either by the European Commission or by national competition authorities, eg the Office of Fair Trading (OFT) in the UK.

However, the European Commission has been considering how best to encourage private parties to enforce their right to redress where they are the victims of unlawful anti-competitive behaviour. It published the Green Paper on Damages Action for Breach of the EC Antitrust Rules in December 2005 and more recently (April 2006) the OFT has also published a discussion document, Private Actions in Competition Law: Effective Redress for Consumers and Business, on how to achieve the same aim in the UK. One of the main drivers behind

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MOVERS & SHAKERS

DWF—David Abbott & Claire Keat

DWF—David Abbott & Claire Keat

Senior appointments in insurance services and commercial services announced

Clyde & Co—Nick Roberts

Clyde & Co—Nick Roberts

Aviation disputes practice strengthened by London partner hire

Ellisons—Marion Knocker

Ellisons—Marion Knocker

Residential property lawyer promoted to partnership

NEWS
he abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC
Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation
Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group
A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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