Competition and Regulatory

Mastercard

Freshfields “extraordinarily high” costs leaves Merricks with £7m bill

Class representative Walter Merricks has been ordered to pay £6.7m in interim costs to Mastercard, following the latest decision in the long-running interchange fee class action. Merricks, represented by Willkie Farr & Gallagher partners Boris Bronfentrinker and Nicola Chesaites, launched the collective action on behalf of 45.5 million UK consumers in the Competition Appeal Tribunal (CAT) […]

Brussels, Belgium

Wolf Theiss expands reach with new Brussels office

Central and Eastern European (CEE) firm Wolf Theiss has broken new ground by opening an office in Brussels. The office will not be handling matters related to Belgian law. Instead, its core function will be to service the firm’s clients in CEE and Southeast Europe (SEE) in inbound and outbound matters related to EU law, […]

Linklaters hits Freshfields and De Brauw in double European hire

Two of Linklaters’ Continental European offices are to be boosted with new partner arrivals from Freshfields and De Brauw Blackstone Westbroek. Both hires join the magic circle firm’s financial regulatory practice. Marc Perrone has joined the firm in Paris from Freshfields, while Mariken van Loopik makes the move over from De Brauw Blackstone Westbroek in […]

Amazon boxes

US firm defends Amazon in class action

Covington & Burling is defending Amazon from a class action brought by two separate proposed class representatives, who will be battling it out for carriage of the claim in the Competition Appeal Tribunal (CAT). On 6 June, Willkie Farr & Gallagher announced it would be bringing a £1bn claim against Amazon regarding its “Buy Box” […]

Helsinki, Finland

Geradin hires duo for Finland launch

Geradin Partners has kept up its blistering expansion push by opening its third office this year in Helsinki. The firm has hired two partners from Roschier – Mikko Alkio and Christian Wik. They join Geradin today, marking the office’s launch in the Finnish capital. A further four colleagues will join of various seniorities, with more expected […]

playstore google

RPC defends Google as Playstore claims pile up

RPC is set to defend Google in another class action launched against it in the Competition Appeal Tribunal (CAT) over alleged anti-competitive practices regarding its UK Google Play Store. Geradin Partners has launched the £1.04bn claim on behalf of class representative and competition law expert Professor Barry Rodger, who represents UK Android app developers. Rodger […]

BCLP to defend Royal Mail owner in £878m class action

BCLP is set to defend International Distribution Services (IDS), Royal Mail’s parent group, from an £878.5m class action in the Competition Appeal Tribunal (CAT). The claim, backed by litigation funder Asertis, was officially filed on 29 May by Lewis Silkin on behalf of 290,477 retail customers, marking Lewis Silkin’s first foray into the opt-out class […]

Kirkland, Gherkin

Simmons’ competition boss exits for Kirkland

Kirkland & Ellis has turned its attention to Simmons & Simmons, hiring the firm’s head of competition in London. Partner Satyen Dhana, who held the role of head of competition, antitrust and trade in London at Simmons, is making the move. He joined Simmons in 2018, prior to which he was a partner at CMS […]

Salmon fish

Freshfields and Cleary among six firms defending in salmon cartel clash

A collection of magic circle, US, Norwegian and Scottish firms are lining up to defend salmon producers in the retail action brought by Stephenson Harwood on behalf of Asda, Iceland, Marks & Spencer, Ocado, International Seafoods, Morrisons, Aldi and Co-op. The £675m case was first filed last February in the Competition Appeal Tribunal (CAT) against […]

Nickel

In court this week: Apple, Amazon and the London Metal Exchange

London Metal Exchange back in court over $12bn nickel trade cancellation After the world’s leading centre for trading in industrial metals, the London Metal Exchange, cancelled nickel trades valued up to $12bn following an unexpected price spike in 2022, US hedge fund Elliott Associates brought a judicial review against the LME. The claimants, Elliott Associates […]

Salmon fish

Simmons takes on salmon producers in £382m class action

Some of the world’s largest salmon producers are being hit with a new class action, alleging unlawful collusion to increase salmon prices for consumers. Simmons & Simmons is representing class representative Waterside, a special purpose vehicle represented by Anne Heal, former OpenReach managing director of strategy and regulatory affairs group director at BT. The claim […]