Tuesday 29 Jan 2013 @ 14:28
WiredGov Newswire (news from other organisations)
WiredGov Newswire (news from other organisations)
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CBI comments on Government proposals on private actions in competition law
The CBI commented on the Department for Business Innovation and Skills’ response to a consultation on private actions in competition law.
Katja Hall, CBI Chief Policy Director, said:
“The Government has let the litigation genie out of the bottle by adopting US-style collective actions. By grouping potential claimants together indiscriminately these ‘opt-out’ actions fail the growth test and will fuel a litigation culture in the UK.
“It is absolutely right that victims of competition law breaches are properly and swiftly compensated but there are better ways to do this than resorting to litigation, like using alternative dispute resolution.”
