Power Cable Companies Face UK Price-Fixing Class Action

By Ronan Barnard (May 11, 2022, 5:48 PM BST) -- Consumers hit a group of European electricity cable manufacturers with a proposed collective action on Wednesday for fixing prices, which allegedly caused customers in Britain to pay higher prices for electricity.

The claim, launched by Scott+Scott UK LLP, alleges that customers of British power suppliers are owed compensation for paying higher prices for their electricity. (iStock.com / RuudMorijn) The claim, launched by Scott+Scott UK LLP at the Competition Appeals Tribunal in London, alleges that customers of British power suppliers deserve compensation for paying higher prices for their electricity because of the cartel's anti-competitive actions.

Clare Spottiswoode — former head of the...

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