2 Travel Group plc (In Liquidation) v Cardiff City Transport Services Ltd – a Perfect Storm for Exemplary Damages
The 2 Travel v Cardiff Bus claim was the first follow-on action under s 47A of the Competition Act 1998 where damages were awarded and also the first case where exemplary damages were awarded for a breach of competition law. This article provides an insight from the perspective of Addleshaw Goddard LLP, who acted on behalf of the claimant, on such issues as the defendant's unsuccessful application for security for costs, causation, the binding nature of the OFT decision, disclosure and exemplary damages. Drawing on their experiences, the authors conclude with several learning points which future claimants and defendants may wish to bear in mind.
Matthew Collingwood-Cooper and Andy Curtis
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