$992 million UK lawsuit against European power cable groups gets go-ahead | Business Information & News | Westlaw

$992 million UK lawsuit against European power cable groups gets go-ahead | Business Information & News | Westlaw

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5/3/24 REUTERS 13:53:16
REUTERS
Copyright (c) 2024 Thomson Reuters
May 3, 2024
$992 million UK lawsuit against European power cable groups gets go-ahead
Sarah Young
Sam Tobin
LONDON (Reuters) - A 790 million-pound ($992 million) mass lawsuit against major European power cable suppliers over claims a cartel led to inflated electricity charges for British consumers can proceed to trial, a London tribunal has ruled.
The case...
---- Index References ----
News Subject: (Business Lawsuits & Settlements (1BU19); Business Litigation (1BU04); Business Management (1BU42); Corporate Events (1CR05); Legal (1LE33); Liability (1LI55))
Industry: (Cable TV (1CA92); Cables (1CA03); Electronic Components (1EL91); Entertainment (1EN08); Manufacturing (1MA74); TV (1TV19))
Region: (England (1EN10); Europe (1EU83); United Kingdom (1UN38); Western Europe (1WE41))
Language: EN
Keywords: litigation; antitrust
Word Count: 295
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.