Archive for the 'competition' Category

House of Lords report attacks ‘complacency’ of Big Four auditors in financial crisis, urges competition investigation – Daily Telegraph

“The House of Lords has recommended that Britain’s competition authorities investigate the world’s ‘Big Four’ auditing firms who failed to warn regulators about banks before the financial crash.”

Full story

Daily Telegraph 30th March 2011

Source: www.telegraph.co.uk

Telefónica Móviles España SA v Administración del Estado, Secretaría de Estado de Telecomunicaciones – WLR Daily

Telefónica Móviles España SA v Administración del Estado, Secretaría de Estado de Telecomunicaciones (Case C-85/10);  [2011] WLR (D)  102

“National legislation that provided for a fee to be levied on operators of telecommunications services holding individual licences for the use of radio frequencies, but which did not allocate a specific use to the income derived from that fee, and which significantly increased the fee for a particular technology, was not precluded by article 11(2) of Directive 97/13/EC.”

WLR Daily, 10th March 2011

Source: www.iclr.co.uk

Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.

Health Bill amounts to ‘abolition’ of NHS, academic warns – Daily Telegraph

“Controversial Government reforms will spell the end of the NHS as it stands, academics warn, as the Health Secretary was forced to reassure MPs that hospitals and doctors would not face accusations of running cartels.”

Full story

Daily Telegraph, 22nd March 2011

Source: www.telegraph.co.uk

Ofgem to tackle ‘complex and unfair energy bills’ – BBC News

“Regulator Ofgem has told energy firms they must offer simpler tariffs to help consumers compare prices.”

Full story

BBC News, 21st March 2011

Source: www.bbc.co.uk

Competition law reform could lead to more criminal prosecutions, says expert – OUT-LAW.com

“The reforms of competition law proposed by the Government today could lead to more people being convicted of the criminal cartel offence, according to one expert.”

Full story

OUT-LAW.com, 16th March 2011

Source: www.out-law.com

Merger of Competition Commission and OFT meets with muted response – The Lawyer

“Competition lawyers have offered a lukewarm response to Government proposals to streamline and improve the UK’s competition regime.”

Full story

The Lawyer, 16th March 2011

Source: www.thelawyer.com

British Telecommunications plc v Office of Communications (Hutchison 3G UK Ltd intervening) – WLR Daily

“On its true interpretation section 192(6)(a) of the Communications Act 2003 did not impose a statutory bar on the introduction of fresh evidence on an appeal to the Competition Appeal Tribunal.”
WLR Daily, 11th March 2011

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