Hausfeld's response to the Government’s consultation on reforming competition and consumer policy
In July 2021, the Government Department for Business, Energy & Industrial Strategy launched a consultation on driving growth and delivering competitive markets that work for consumers, seeking the views of those with knowledge and expertise in competition and consumer law and policy, as well as those with a specific business interest in the policy, and the direct views of consumers or businesses themselves.
In particular, the Government proposes a number of potentially significant changes to competition and consumer law and policy based on the three themes of:
- Promoting competition to drive enterprise, innovation, growth and productivity.
- Updating consumer rights to keep pace with markets.
- Strengthening the enforcement of consumer law by individuals and regulators.
As a leading law firm in the private enforcement of competition law and which often represents consumers seeking redress, Hausfeld welcomed the opportunity to respond. Based on our expertise, we submitted responses that focus on the proposed enhanced powers of the Competition and Markets Authority and the strengthening of the private enforcement of competition and consumer law.
The Government is currently analysing all of the feedback received.
Hausfeld specialises in complex competition litigation, commercial and financial services disputes, and environmental and product liability litigation. We are experts in managing individual and group claims across a range of sectors, including technology & data breach, defective medical devices, pharmaceuticals and environmental damage, and our cases are often high profile and international in scope. We also have a dedicated climate change litigation team with a broad range of expertise and clients, including international NGOs, climate change activists, businesses and individuals.