Competition Collective Actions: Leveraging Canadian Legal Principles in the UK’s New Regime – Paul Harris QC to moderate

Date: Monday, March 7, 2022 | 3:30 – 8:00 p.m. GTM
Location: One Moorgate Place, Chartered Accountants’ Hall, EC2R 6EA, London

In light of the influence that Canadian jurisprudence and practice has already had on the development of collective action jurisprudence in the UK, including in the recent decision in Merricks v. Mastercard, Paul Harris QC of Monckton Chambers and the Canadian law firm McCarthy Tétrault, have assembled a panel of Canadian leaders in class actions, including competition class actions, who will engage in a lively discussion centred on the UK’s new collective action regime. Paul will co-moderate the event with Mark Sansom of Freshfields Bruckhaus Deringer. Thomas N.T. Sutton of McCarthy Tétrault, Toronto will act as host.

The event will be an in-person presentation and fireside chat followed by a reception with light food & beverages. For further details see flyer here.

For questions about this event or additional information, please contact clientevents@mccarthy.ca.

Professor Panos Koutrakos mentioned in Opinion by Advocate General of European Court of Justice

Professor Panos Koutrakos has been mentioned in the Opinion by Advocate General Ćapeta of the European Court of Justice in Case C 500/20 ÖBB-Infrastruktur Aktiengesellschaft v Lokomotion Gesellschaft für Schienentraktion mbH.

This case is a reference to the Court of Justice by the Supreme Court of Austria. It is about the interpretation of the 1980 Convention concerning International Carriage by Rail (COTIF) and the Uniform Rules concerning the Contract of Use of Infrastructure in International Rail Traffic (CUI Uniform Rules) annexed to the Convention. The dispute is about the liability of a railway infrastructure manager and whether it covers the costs incurred by a carrier as a result of having to lease locomotives to replace their existing locomotives due to damage cause to them. The Convention is an international agreement concluded by the European Union and most of its Member States (in other words, it is a mixed agreement). A central question to this case is whether the European Court of Justice has jurisdiction to interpret the relevant provisions of the Convention.

In her Opinion, delivered on 3 February 2022, Advocate General Ćapeta referred to the book co-edited by Professor Koutrakos entitled Mixed Agreements Revisited – The EU and its Member States in the World as well as his chapter in the book, entitled ‘Interpretation of Mixed Agreements’ (pp 116-137).

Professor Koutrakos has written widely on the relationship between EU and international law and is the author, amongst others, of the authoritative EU International Relations Law 2nd edition.

The Lawyer Hot 100 2022 – Ronit Kreisberger QC and William Hooper recognised

Every year, The Lawyer Hot 100 recognises a diverse mix of legal professionals who have been the standout lawyers in the UK over the previous twelve months. This year, Monckton Chambers has two members amongst the 19 “Hot 100” barristers listed – Ronit Kreisberger QC and William Hooper.

Ronit Kreisberger QC is described as follows:

Highly in demand, with a jam-packed diary right up to the end of 2022, Ronit Kreisberger QC is spearheading heavyweight competition litigation at Monckton Chambers.

She is at the heart of the collective actions trend, acting on several high-profile cases at the CAT. Hot on the heels of Merrick v Mastercard, she acted in Justin Le Patoure v BT. The £600m claim against BT alleged excessive pricing in abuse of its dominant position in stand-alone landline telephone services. In 2021, she represented the claimants in a £1.5bn collective action case against Apple. The tech giant has allegedly been overcharging customers of its App Store.

This is Kreisberger’s second time in the Hot 100, having made the list in 2007 when she was just two years’ call. Then, she acted in the first case in which a UK court awarded damages for harm suffered because of a competition law infringement.

There is no sign of her slowing down any time soon, as she kicks off this year with a case very similar to the Apple one, this time against Google.

The Hot 100 also highlights William Hooper:

Monckton Chambers’ reputation as a world-class centre for competition knowledge is undisputed, but the set is perhaps less recognised for the quality of its commercial tenants. Changing that perception, says junior barrister Will Hooper, is exactly why he joined the set and his work is gaining Monckton the commercial recognition he thinks it deserves.

The biggest win in Hooper’s year came in a case over what was once the most expensive car ever sold. The dispute over the $44m contract was covered in the national media and catapulted Hooper’s profile to a much higher level; helpful when one of your key goals is profile-building for the set.

As 2022 starts, Hooper is already contemplating what will define his next year. It already looks like the next 12 months will include the telecoms and advertising sectors. The latter is particularly fresh ground, with a case to be heard considering the much-spoken-of-but-little-understood area of NFTs. If Hooper scores a win, he could well define the future of NFT cases and that would do his and Monckton’s reputations no harm whatsoever.

Subscribers to The Lawyer can read the full article and details of the hundred here.

Independent review, chaired by Sir Christopher Bellamy QC, calls for £135m to save criminal legal aid

Twelve months after his appointment to chair an independent review of the Criminal Legal Aid system, Sir Christopher Bellamy QC, leading the Criminal Legal Aid Review (CLAR), has published the 160 page “Independent Review of Criminal Legal Aid”.

The report makes the case for funding for criminal legal aid to be increased for solicitors and barristers as soon as possible to an annual level of ‘at least 15%’ above present levels to ensure that a “level playing field” between defendants and prosecutors was maintained. “£135m is, in my view, the minimum necessary as the first step in nursing the system of criminal legal aid back to health after years of neglect,” warns Sir Christopher as the report tells ministers that funding is vital to stem the exodus of lawyers from criminal justice and the current backlog in the crown court system.

In a written ministerial statement, Lord Chancellor Dominic Raab promises a full response no later than the end of March 2022.

You can read the full report here.

Published on the 15th December, the review and its findings has received considerable media interest including The Times, the BBC and The Law Society Gazette.

John Swift QC’s Review into the FCA’s Supervisory Intervention on Interest Rate Hedging Products Published

The Financial Conduct Authority (FCA) has today published the independent lessons learned review by John Swift QC, which considers the FCA’s supervisory intervention on Interest Rate Hedging Products (IRHP).

The report is the culmination of over two years of work, in which the Review team considered around a million documents and conducted dozens of interviews with stakeholders. It sets out a full account of the legal and regulatory context, and the history of the FCA’s intervention, before reaching detailed findings and making 21 specific recommendations for the FCA.

The Report is available here.

John Swift QC was assisted by Nikolaus Grubeck and Kristina Lukacova as well as by an Ashurst LLP team led by David Capps and by Kemp Communications.

The Review has been covered in: The Times, Financial Times, Bloomberg, The Guardian, Reuters, The TimesMarket Screener

The Third Annual UK Competition Litigation Conference 2021

Bringing together leading competition experts from around the world, Monckton Chambers, NERA Economic Consulting, and Augusta Ventures return to co-host the Third Annual UK Competition Litigation Conference. For four sessions held over three days (7–9 December), leading competition experts will not only lead dynamic roundtable sessions but will also discuss the most important cases and developments in competition litigation this year and identify what they are watching out for in 2022.

With each session designed to address key issues, the conference will once again feature distinguished legal and economic experts and senior regulators hosting the following roundtable discussions:

  • Conference Opening, Key Cases of 2021, and a Look Forward
  • Competition Litigation Involving Big Tech
  • A Class of Its Own
  • Conference Closing Address – A Conversation with The Honourable Mr Justice Marcus Smith

 

Tuesday 7th December

15:00 – 16:45   Conference Opening, Key Cases of 2021, and a Look Forward

During this interactive session, our competition specialists will share their views on the key cases that have shaped the UK competition litigation landscape in 2021, survey an array of perspectives (from claimants, defendants, funders, experts, and direct and indirect purchasers) to pinpoint key strategic developments this year, and “look forward” and predict what we can expect in competition litigation in 2022.

Welcome:
Mark Brealey QC, Barrister, Monckton Chambers

Chair:
Tim Ward QC, Barrister, Joint Head of Monckton Chambers

Speakers:
Boris Bronfentrinker, Partner, Willkie Farr
Anneli Howard QC, Barrister, Monckton Chambers
Elizabeth Jordan, Senior Counsel, Slaughter and May
Simon Latham, Investment Manager, Augusta Ventures
Grant Saggers, Director, NERA Economic Consulting

The recording is available here

 

Wednesday 8th December

14:00 – 15:30   Competition Litigation Involving Big Tech

The digital giants are increasingly facing litigation issues in the UK and Europe. These issues range from appeals against enforcement decisions to new collective actions and emerging actions around data and privacy. For the second session of our Third Annual UK Competition Litigation Conference, our panel of experts take an up-close look at some of the most significant cases of 2021 involving the world’s largest digital tech companies. Our experts will also examine claimant and defendant perspectives and explore critical conceptual issues (such as valuing damages from foreclosure or in two-sided markets) in these cases.

Chair:
Meredith Pickford QC, Barrister, Monckton Chambers

Speakers:
Lesley Hannah, Partner, Hausfeld LLP
Ronit Kreisberger QC, Barrister, Monckton Chambers
Dr Nicola Tosini, Director, NERA Economic Consulting
Steven Vaz, Partner, Ashurst

The recording is available here

16:00 – 17:30    A Class of its Own

2021 has seen a wave of collective actions in the UK, with several already certified.
In the third session of our Third Annual UK Competition Litigation Conference, our leading experts will review some of the key impacts of the influx of collective actions and ask:

              • How these cases are structured, strategized, and evidenced?
              • What the collective actions of 2021 mean for the UK as a forum?
              • What the year reveals about new types of action that touch non-traditional issues such as privacy and consumer protection?

Chair:
Kassie Smith QC, Barrister, Monckton Chambers

Speakers:
Dr Anca Cojoc, Senior Consultant, NERA Economic Consulting
Edward Coulson, Partner, Bryan Cave Leighton Paisner
Kenny Henderson, Partner, CMS Cameron McKenna Nabarro Olswang LLP
Ben Lasserson, Partner, Mischon De Reya
Clara Segurola, Investment Manager, Augusta Ventures

The recording is available here

 

Thursday 9th December

17:30 – 18:30   Conference Closing Address

We are delighted to host a conversation on the future of competition litigation in the UK with The Honourable Mr Justice Marcus Smith.

Chair: 
Philip Moser QC, Barrister, Monckton Chambers

Speaker: 
The Honourable Mr Justice Marcus Smith, President, Competition Appeal Tribunal

Closing Remarks:
James Mellsop, Antitrust and Competition Practice Chair, NERA Economic Consulting

The recording is available here

Blackstone’s Guide to the UK Internal Market Act 2020 – now available

OUP has published Blackstone’s Guide to the UK Internal Market Act 2020 authored by Monckton members George Peretz QCAlan BatesBrendan McGurk and Jack Williams, experts with extensive experience in the relevant fields of EU internal market law, EU and UK competition law, UK constitutional law, and consumer law.

The Internal Market Act is of significant importance and interest to UK businesses, consumers, and professionals. It essentially replaces (and modifies) the large body of EU internal market law for the UK post-Brexit. This will touch on almost every area of domestic business and trade.

The book is the first to consider the UK’s newly-formed internal market post Brexit and the UK Internal Market Act 2020. The book explores the Act’s provisions in a succinct and practical manner, working through the provisions in the Act in a logical and cohesive manner to help the busy practitioner.

For further details and to order please click here.

Chambers Bar Awards 2021 – Monckton success as Set wins for Competition and Ben Lask is Competition Junior of the Year

At last night’s awards ceremony, Monckton Chambers and its members won two awards – Ben Lask won Junior of the Year for Competition and Monckton Chambers was awarded Competition Set of the Year.

Competition Junior of the Year, Ben Lask, is Standing Counsel to the Competition and Markets Authority. He is described in the most recent Chambers Bar Guide as “very much on top of the issues; he is an accessible barrister and turns things around over a short timescale.” Recent high profile cases include acting for the CMA in Facebook’s unsuccessful appeal concerning the CMA’s use of interim measures in merger investigations and representing Royal Mail and BT in the ongoing Trucks litigation.

Although not winners on the night, we were also delighted that Jon Turner QC and Paul Harris QC were in the shortlist for Competition Silk of the Year and Julianne Kerr Morrison was in the running for Competition Junior of the Year.

The awards, which are based on research for the 2022 edition of Chambers UK Bar, reflect a set’s pre-eminence in key practice areas. They also reflect notable achievements over the past 12 months including outstanding work, impressive strategic growth and excellence in client service.

For further details, see the Chambers and Partners website.