Consultation outcome

Redress scheme approval in competition cases: draft guidance

This consultation has concluded

Download the full outcome

Summary of responses

Detail of outcome

The CMA has published final guidance on the approval of voluntary redress schemes for infringements of competition law, forms to apply for approval of schemes, and its response to the consultation.

Feedback received

American Bar Association

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Ashurst

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Civil Aviation Authority

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Dr Sebastian Peyer

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Freshfields Bruckhaus Deringer

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Hausfeld & Co

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Herbert Smith Freehills

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Hogan Lovells International

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Ofgem

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Ombudsman Services

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Oxera Consulting

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Slaughter and May

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The City of London Law Society

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Which?

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Detail of feedback received

Responses to the consultation have been published.

Original consultation

Summary

A consultation on CMA's draft guidance on our power to approve voluntary redress schemes in cases where competition law has been infringed.

This consultation ran from
to

Consultation description

The Consumer Rights Act 2015 is expected to come into force in October 2015.

We’re seeking views on draft guidance on our new powers to make it easier for consumers and businesses to gain access to redress for harm caused by infringements of competition law.

The powers (should they come into force) will also allow parties who have breached competition law to submit a voluntary redress scheme to the Competition and Markets Authority (CMA) for approval.

This consultation will be of interest to:

  • anyone who has an interest in competition law investigations
  • consumers
  • businesses and their legal advisors

Documents

Draft guidance on approval of voluntary redress schemes

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Published 2 March 2015
Last updated 14 August 2015 + show all updates
  1. Summary of responses to consultation published.
  2. First published.