Paragraph 39 Effect of consensual settlement on the amount of a claimF1
(1)
Where loss or damage arising from an infringement of competition law is the subject of—
(a)
a consensual settlement, and
(b)
a competition damages claim by the settling complainant,
the amount of the settling complainant’s claim is reduced by the settling infringer’s share of the loss or damage.
(2)
Sub-paragraph (1) has effect regardless of the terms of the consensual settlement.
Annotations
Textual amendments
Notes on the whole Act
Textual amendments
- F1
Words in long title substituted (1.5.2004) by The Competition Act 1998 and Other Enactments (Amendment) Regulations 2004 (S.I. 2004/1261), Sch. 1 para. 1
Notes on Schedule 8A
Textual amendments
- F2
Words in Sch. 8A heading inserted (1.1.2025) by Digital Markets, Competition and Consumers Act 2024 (c. 13), s. 339(1), Sch. 3 para. 8(2); S.I. 2024/1226, regs. 1(2), 2(1)(9) (with Sch. para. 4, 20)