The UK Supreme Court in a split 3 to 2 decision in Mastercard v Walter Hugh Merricks CBE [2020] UKSC 51 held that the Competition Appeal Tribunal (CAT) was wrong to reject Mr Merricks’ application for a Collective Proceeding Order (CPO) which would have allowed his opt-out collective action on behalf of 46 million UK claimants to go […]
Veljanovski speaks on competitor collaboration on CIIAI Antitrust Webinar
Cento Veljanovski gave a presentation entitled ‘Crises, Cartels and Antitrust’ to the China Institute of International Antitrust and Investment’s (CIIAI) antitrust webinar on 15 September. He examined the case for allowing greater collaboration between competitors including crisis cartels. He was generally negative about loosening antitrust to allow greater cooperation or the suspension of anti cartel […]
Veljanovski gives Keynote at algorithmic antitrust conference
Cento Veljanovski gave the Keynote on ‘algorithmic antitrust’ at the conference ‘Algorithmic Antitrust: Enforcing Competition Rules in the Age of Algorithms’ held on the 6 March 2020 The conference was organised by St Mary’s University Law School and the Catholic University of Paris (ICP). It was attended by an international gathering of over 50 academics […]
Veljanovski talks on efficient cartels at Vinson law and economics workshop
Cento Veljanovski talked on ‘Efficient Cartels and the Public Interest Defence: Do they exist?’ at the Law and Economics: History and Policy workshop organised by the Vinson Centre for Economics and Entreprenership and the International Center for Law & Economics (ICLE) at the University of Buckingham on the 2-3 December 2019. Other speakers include Steven S, Medema, Duke University; […]
Veljanovski gives keynote at state aid conference
Cento Veljanovski opened the State Aid & Fair Competition – Can they Co-exist? conference organised by the Friedrich Naumann Foundation and the Lithuanian Free Market Institute in Brussels on the 4th December 2019. The half-day proceedings comprise two panels discussing fair competition and procedural challenges; and state aid and SOEs. An international group of panelists discussed […]
Landmark UK collective action against MasterCard
Cento Veljanovski was expert in the landmark consumer collective action Walter Merricks v. MasterCard. The collective proceedings order (CPO) application before the Competition Appeal Tribunal (CAT) was only the second under the Consumer Rights Act 2015. Merricks is the largest damage claim in UK legal history made on behalf of over 42 million individuals claiming damages of £14 […]
Electronics cartel damages settled
A claim for overcharge damages was successfully settled through mediation against a member of an electronics cartel operating within the EU. Case undertook an econometric estimate of the overcharges for a range of products, and estimated damages plus interest for the 40 plus indirect purchasers.
Flexible foam cartel damages
Case assisted a claimant with a preliminary quantification of overcharge damages in a follow-on action against a member of the EU Polyurethane Foam cartel (COMP AT. 39.83).
“debanking” MTOs in New Zealand
Cento Veljanovski acted as expert in the New Zealand High Court for a money transfer organisation (MTO) threaten with the closure of its account by Kiwibank as part of its “derisking” in response to anti-money laundering regulations (the AML/CFT Act). Cento participated in a hot tub giving evidence that the actions of the banks in closing […]
Prime broker market
Case provided an assessment of whether a prime broker’s action to terminate a hedge fund’s account was an abuse of dominance.