To ask His Majesty's Government what assessment they have made of the status of litigation funding agreements following the Supreme Court's judgment in R (on the application of PACCAR Inc and others) v Competition Appeal Tribunal and others [2023] UKSC 28.
Answered on
23 November 2023
The Government is bringing forward an amendment to the Digital Markets, Competition and Consumer (DMCC) Bill to mitigate the impact of the judgment on litigation funding agreements for opt-out collective proceedings in the Competition Appeals Tribunal (CAT). The Bill is currently being considered by Parliament.
The Government is assessing the impact of the judgment and considering options for non-CAT proceedings.
Answered by
Ministry of Justice