Podcast Location:
Download it here [file size: 45.4 MB]
Categories:
Consumer Law
Competition Law & Anti-Trust
CPD Points:
Up to 1 point. details »

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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
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Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast discusses the OFT’s approach to price restrictions and the circumstances in which a Statement of Objection is likely to be issued. The podcast provides an explanation of the law governing price restrictions in practice and will be of interest to all competition lawyers.

Outcomes:
After completing the course you will:
  • Understand the basis of a Statement of Objection issued by the OFT;
  • Be aware of the law governing price fixing in the UK;
  • Understand the status of a Statement of Objection;
  • Know the procedure which follows a Statement of Objection being issued;
  • Be aware of the sanctions for breach of the law governing price restrictions.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Market Update / Hot Topic
Sources and References:
  • Competition Act 1998;
  • Leegin Creative Leather Products, Inc.L v. PSKS, Inc., 551 U.S. 877 (2007);
  • Press Release 2013 – OFT issues Statement of Objections to sports bra supplier and three UK department stores - http://www.oft.gov.uk/news-and-updates/press/2013/64-13#.UrLIo9JdWy4;
  • Press Release 2013 – OFT issues statement of objections in mobility scooters 66/13 - http://www.oft.gov.uk/news-and-updates/press/2013/66-13#.UrLIa9JdWy4.
Tags:

In this CPDcast, Lisa Navarro from Greenberg Traurig Maher explains the OFT’s approach to price restrictions following two Statements of Objection issued in late 2013.

Date Recorded: 21st November 2013

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

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