Supreme Court ruling in Merricks: some important clarifications but a number of unresolved issues

On 11 December 2020 the Supreme Court handed down a very significant judgment relating to the certification of a £14bn opt-out competition collective action brought by Walter Merricks against Mastercard, in respect of losses alleged to have resulted from the use of anti-competitive multilateral interchange fees. The Supreme Court largely confirmed the less restrictive approach … Read more

Supreme Court remits £14bn class action against Mastercard back to Competition Appeal Tribunal for reconsideration of certification

Earlier today the Supreme Court handed down its hotly-anticipated judgment regarding the certification of an opt-out competition collective action brought by Walter Merricks against Mastercard. The claim is seeking £14bn in damages on behalf of some 46.2 million UK consumers, in respect of losses alleged to have resulted from the use of anti-competitive multilateral interchanges … Read more

Highlights from the GCR Interactive: Competition Litigation Conference

We were delighted to support the GCR Interactive: Competition Litigation conference which took place earlier this week. The ongoing impact of the Covid-19 pandemic meant that the conference was hosted online, rather than at the Herbert Smith Freehills London office as in previous years. However, with a distinguished line-up of expert speakers and panellists – … Read more

2019 African competition law year in review

The below brief addresses a number of interesting developments that occurred in the competition space across Africa during the course of 2019. In South Africa, we consider the amendments to the Competition Act, the enforcement approach to the new buyer power and price discrimination provisions, outcomes of the market inquiries into private healthcare, the grocery … Read more

Hot off the press: HSF overview of collective damages claims in competition cases in the UK published in GCR Guide to Private Litigation

We are delighted that our overview of collective damages claims in competition cases in the UK has just been published as part of Global Competition Review’s new Guide to Private Litigation. The Guide includes 21 chapters written by leading practitioners, exploring in depth the key themes raised in competition litigation across the globe. We are … Read more

Highlights from the 11th annual GCR Live Competition Litigation Conference

We were delighted to host the annual GCR Live Competition Litigation Conference at our London office yesterday, which explored key current themes in competition litigation in an interactive discussion panel format. Christopher Bellamy QC opened the conference with an insightful keynote address. This was followed by a series of discussions involving a distinguished line up … Read more