The authors supply a financial expert’s point of view on recent choices from the Competition Appeal Tribunal.
Key judgments in Compare the Market, Royal Mail and Gormsen are developing requirements for approximating damages and setting precedents for two-sided platforms and ‘by effect’ claims. In this post, authors Anca Cojoc, Liam Colley and Vikram Kumar go over:
- Market meaning in two-sided platforms and the level to which basic SSNIP tests record the substitutability of items for an offered group of clients, yet may stop working to correctly specify competitive restraints, specifically when one side has a no cost
- Challenges developing from releasing econometric analyses to approximate overcharge and pass-on
- Challenges getting the class action accredited and making sure that the ideal approach is proposed for approximating damages for the class
This post was released in Global Competition Review (GCR)’s Europe, Middle East and Africa Antitrust Review in June 2023.