What is the Competition Appeal Tribunal?
The Competition Appeal Tribunal (CAT) is a judicial body in the United Kingdom with a primary focus on addressing disputes related to competition law and regulatory decisions. As the name suggests, the Competition Appeal Tribunal serves as a central forum for appeals concerning competition-related matters, and it plays a pivotal role in ensuring fair competition practices within the UK.
The Competition Appeal Tribunal has jurisdiction over cases involving competition issues, merger control, market investigations, and other competition-related matters. Parties dissatisfied with decisions made by regulatory bodies such as the Competition and Markets Authority (CMA) or sector-specific regulators can seek redress through the Competition Appeals Tribunal. The CAT is also the forum for private, often funded, enforcement actions, brought on an opt-in or opt-out basis, that hold companies to account for anti-competitive practices.
The Competition Appeal Tribunal operates independently from the abovementioned regulatory bodies, providing an impartial and transparent platform for parties to challenge or contest decisions. This separation is crucial in upholding the principles of due process and fairness in competition law enforcement.