OFT hints at backing for collective actions
The Office of Fair Trading (OFT) held a discussion on collective actions yesterday (24 September), with delegates saying the meeting showed signs of growing support for such cases in the UK. The one-day meeting was attended by private practitioners as well as members of the OFT, funding industry, Civil Justice Council and European Commission (EC). It focused on competition law and considered issues such as the means for collective redress, funding methods, information disclosure and the interaction between private and public enforcement.
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