Essay Competition
2024 Brief for Competition Next Gen Essay Competition
Assessed by an illustriously experienced, senior and broad-ranging panel of practitioners this is your chance to stick your head above the parapet and mark yourself as the one-to-watch. With the opportunity to attend and discuss your essay at our The Competition Next Gen Summit 2025, we look forward to your submissions and to welcoming you to the Competition community.
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Competition Issue 6: Hitting The Marks For Q3: Your Quarterly Update on Competition Law and Litigation
We are delighted to present Issue 6 of the TL4 Competition magazine, our third edition of 2024: Hitting The Marks For Q3: Your Quarterly Update on Competition Law and Litigation. Exploring the complex landscape of Competition law and litigation, we are proud of the quality of contributions of this issue and the calibre of unique topics. With articles focusing on global mergers, class actions, cartels, and everything in between, we hope you find the issue stimulating reading.
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Competition Issue 5: Riding The Rapids - Q2’s Competition Law and Litigation Update
We are delighted to present Issue 5 of the Competition Magazine, our second edition of 2024. Exploring the multifacted terrain of competition law and litigation, this edition navigates a multitude of topics. From antitrust enforcement in Brazil, class action in Portugal, and everything in between, this edition boasts top thought leadership from those within the Competition space.
This issue marks an exciting Q2 within the TL4 Competition community, and we extend our sincere thanks to our readers, contributors and valued community partners. We hope you enjoy reading the issue.
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Competition Magazine Issue 4 - The Legal Gambit: 2024’s First Moves in Law and Litigation
We are delighted to present Issue 4 by exploring of the Competition Magazine, our first edition of 2024. Once again exploring the complex territory of competition law and litigation, this edition navigates a multitude of topics. From carriage disputes and Italian litigation, to truck cartels and class actions, this edition boasts top thought leadership from those within the Competition space.
This issue marks the start of an exciting year within the TL4 Competition community, and we extend our sincere thanks to our readers, contributors and valued community partners. We hope you enjoy reading the issue.
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Competition Magazine Issue 3 - Reflecting on the Chapters of 2023: A Year in Review of Competition Law and Litigation
We are delighted to present Issue 3 of the Competition Magazine, our annual Year in Review edition. Delving into the complex world of competition law and litigation, this edition navigates the ever-evolving competition landscape, from litigation funding and AI, to cartels and ESG, tackling a broad range of geographies and jurisdictions. This edition boasts articles from leaders in the Competition law and litigation space, providing current and cutting edge perspective on key issues facing today’s practitioners.
This issue represents a culmination of a successful year within the burgeoning TL4 Competition community, and we would like to extend our sincere thanks to our contributors, community partners,and readers. We hope you enjoy the issue.
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Competition Magazine - Issue 2
We are delighted to present Issue 2 of ThoughtLeaders4 Competition Law & Litigation Magazine. In this abounding issue, we discuss a variety of topical issues facing competition practitioners, including the Trucks Litigation, private enforcement, class actions in the CAT, artificial intelligence and more. This issue also features a series of 60 seconds with interviews with community partners, and speakers at our events.
We also look forward to seeing many of you join us at our UK Digital Markets Competition Regulation Forum, taking place on Wednesday 20 September in London.
Thank you to all our contributors, members and community partners for your ongoing support with this new and exciting Competition Community, we look forward to your continued involvement.
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Articles
The Role of Market Definition in Setting Antitrust Fines
The value of sales of an undertaking infringing antitrust law is a key determinant of the size of the fine levied by a competition authority. European competition authorities rely only on the turnover the undertaking receives from the products in relation to which the infringing conduct occurred. In contrast, UK competition authorities may also include revenue from substitutes which the infringing firm supplies. Nonetheless, there are good reasons to include substitutes in the value of sales and, as shown, their inclusion can have a material impact on the size of the fine.
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Competition Magazine - Issue 1
We are delighted to present the inaugural edition of ThoughtLeaders4 Competition Law & Litigation Magazine. The Competition Law & Litigation Community brings together key practitioners working in both the contentious and non-contentious Competition space, delivering thought provoking industry-led content and events to the full spectrum of practitioners.
In this issue, our authors discuss a variety of topics facing competition practitioners, including ESG, trends in expert witness evidence, big tech, digital design, and more. This issue also features a series of 60 seconds with interviews with some of our new community partners, and speakers at the upcoming Competition Collective Actions Forum, taking place on 6 June 2023.
Thank you to all our contributors, members and community partners for their support in the launch of the Competition Community, we look forward to welcoming even more of you over the course of 2023 and beyond.
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Articles
CAT Collective Proceedings - February 2023 Update
A new era of consumer-focussed competition class actions is now well underway. It kicked off with the first collective proceedings order (CPO) granted by the Competition Appeal Tribunal (CAT) in Merricks in the summer of 2021, opening the gates for further collective claims to be certified.
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Articles
Competition and ESG
Environmental, social and governance (ESG) is high on the agenda of corporates, consumers and regulators worldwide. Many large companies now have a regulatory obligation to report on ESG metrics; consumers are increasingly demanding ESG-friendly products; and regulators are paying close attention to ensure companies are meeting ESG targets, and are not falsely disclosing ESG-related information. A less explored area is the interplay between ESG and competition law – this blog, written by Grant Thornton (Schellion Horn, Partner, and Jake Foad, Manager, Economic Consulting) explores how competition authorities may use their existing powers in relation to ESG.
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Articles
The end of retained EU law?
The development and status of EU law within UK domestic law since the UK left the EU on 31 January 2020 (so-called “Brexit day”) has been characterised as a process of “hokey cokey”: EU law has consistently been removed from, then restored in some different form into, UK domestic law.
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Articles
Collective actions in England and Wales: Emerging trends and insights for the year ahead
Market volatility, exponential growth in third-party litigation funding, legal reforms and increasing scrutiny of corporates by consumers, investors and activists have all contributed to a proliferation of class actions in England and Wales in recent years. In particular, the collective proceedings regime in the Competition Appeal Tribunal (“CAT”) has seen a surge in cases, with 10 of the 27 applications for a Collective Proceedings Order commenced since 2015 being brought in 2022 alone.
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Articles
Let’s cut to the Race: Antitrust and sustainability initiatives
The tension between antitrust laws and sustainability goals has come into sharp focus through the course of 2022. An ICC paper, published in the run up to COP27, provides an extensive overview of real world examples of sustainability initiatives which had been thwarted by antitrust laws and cites UN Race to Zero initiatives as an area where “(g)reater consistency and clear guidance” from regulators is deemed to be urgently needed. With news breaking last week that Vanguard has opted to pull out of the Net Zero Asset Manager’s Alliance and significant political developments in the US gathering pace (as we explore further below), the increasingly polarised debate looks set to continue.
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Articles
10 Antitrust Trends Financial Services Firms Should be Watching in 2023
In 2022, the financial services sector made the headlines in the competition law community around the world. When the head of Australia's Competition and Consumer Commission stated that it will be "engaging with the banking sector more than ever before", she could also have been expressing a global sentiment. Financial services firms should be looking at the following 10 trends for 2023.
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Articles
Uncharted Waters – Emerging Trends in Collective Proceedings Orders
Now, at the beginning of 2023, there are a number of very interesting trends that have emerged from the recent flurry of CPO registrations and certifications that are worth exploring. This article will explore such developments and examine the precedents they are setting for ongoing and future CPOs.
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Articles
Time to reap the benefits? The UK’s new subsidy control regime comes into effect
On 4 January 2023, the UK's Subsidy Control Act 2022 ("SCA") came fully into effect. Plans for a new subsidy control regime were first announced in September 2020 as part of the UK's commitment to the EU-UK Trade and Cooperation Agreement ("TCA"). The EU State aid rules were seen as too restrictive and a new subsidy regime was considered necessary to bring about significant benefits to protect certain industry sectors and geographic areas of the UK, and not least to help the UK Government pursue its so-called 'Levelling Up' agenda. Since the SCA received Royal Assent in April 2022, we have had something of an interim period where the provisions on subsidy control set out in the TCA agreed between the EU and UK largely continued to apply (bar a few exceptions). Now, however, the provisions of the SCA have come into force in their entirety.
This article will provide an overview of the new SCA and the subsidy control regime it has introduced in the UK, explore the key takeaways and consider the extent to which this new regime differs from the previous EU State aid rules.
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Articles
The Class System: Recent Developments in Mechanisms and Manageability for Group Litigation
Recent years have seen the expansion of group claims in England across a variety of areas of law, including competition, securities, data misuse, and mass torts. The increased volume of group claims has lead to developments in how such claims can be brought by claimants (the procedural ‘mechanism’ for the claims) and how they should be subsequently managed by the courts (the ‘management’ of the claims).
This article addresses recent developments on these issues across the aforementioned areas of law and how they may develop in 2023.
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