Global Competition Review: First Edition Settlements Guide 2021
GCR’s Settlements Guide comprises in-depth chapters written by expert practitioners from 17 leading global institutions. The guide offers practical legal guidance to help lawyers understand the settlements process and debates the key issues in negotiating a successful settlement in competition matters.
In their first edition, Lucy Rigby, Eleanor Powell and Luke Grimes authored the chapter - UK: Settling Collective Actions. A timely piece as the prevalence of collective actions in England and Wales has increased over recent years, which has been driven by a number of factors, including the introduction of the opt-out regime for competition law claims under the Consumer Rights Act ("CRA") in 2015, the increase in the availability of litigation funding required to bring collective claims and the growth of firms specialised in this area. The competition experts explore several key topics, including the types of collective actions in E&W, the legal frameworks involved and strategic considerations.