UK Antitrust Watchdog Mulls Changes After Settlement Appeal
By Matthew Perlman (August 31, 2021, 6:20 PM EDT) -- The U.K.'s Competition and Markets Authority said Tuesday it may require companies settling allegations of anti-competitive conduct to agree not to appeal any resulting decision, including the amount of a fine.
The CMA is considering the policy change after a company agreed to settle an antitrust investigation and then tried unsuccessfully to challenge the resulting fine, launching a consultation on Tuesday to gather views on the proposed change.
"The proposed changes aim to increase the prospects of any settlement yielding procedural efficiencies and resource savings," the CMA said in a statement. "The CMA considers the proposed approach to be in the...
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