CMA consults on material change of circumstances in relation to Ryanair stake in Aer Lingus
Following the Court of Appeal’s dismissal of Ryanair’s appeal against the Competition Commission report requiring Ryanair to reduce its stake in Aer Lingus, Ryanair has asked the CMA to consider whether there has been a material change of circumstances since the preparation of the report which means that the CMA should not take the remedial action proposed in the report. In particular, Ryanair considers that IAG’s bid for Aer Lingus constitutes a material change that is inconsistent with the findings in the report. The CMA is now inviting views on this issue. Click here.
Competition and Markets Authority
The CMA has published for consultation draft guidance on its power to approve voluntary redress schemes offered by parties in competition cases. This power will be introduced under the Consumer Rights Act 2015, which is expected to come into force in October 2015. Click here.
The CMA is consulting on a modified draft order, which sets out how changes resulting from its investigation into private motor insurance will be introduced and monitored. Click here.
The CMA has issued a call for information on how information in online reviews and endorsements is used. Click here.
The CMA has started work on the private healthcare market investigation remittal, following the Competition Appeal Tribunal’s order that certain parts of the CMA’s Final Report of 2 April 2014 should be quashed and remitted back to the CMA for reconsideration. The remitted issues are the finding of adverse effects on competition in the markets for the provision of hospital services in respect of insured patients in central London and the requirement on HCA to divest two of its hospitals in central London. Click here.