Competition & Regulatory Newsletter

On 31 October 2019 the Court of Appeal rejected BritNed Development Ltd’s appeal against an earlier decision of the High Court in full, and allowed ABB AB and ABB Ltd’s cross-appeal. The judgment reduced the quantum of the damages awarded to BritNed and ordered BritNed to repay “surplus sums”.

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• UK government accepts national security remedies in Inmarsat/Connect Bidco
• CAT approves claimants’ third-party funding agreements in trucks case
• China Guangdong regulator plans to fine 19 concrete firms USD 1.1m over suspected price-fixing