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ARTICLE · 30 MAY 2023

Creating Financial Accountability For Regulatory Failings

Shepherd and Wedderburn
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Businesses can be significantly affected by the behaviour of regulated utilities, such as those operating water or transport infrastructure, with failure of these infrastructures resulting in considerable costs for firms.

United KingdomAntitrust/Competition Law
Ruairidh Leishman
Ruairidh Leishman
Euan Murphy
Euan Murphy
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Businesses can be significantly affected by the behaviour of regulated utilities, such as those operating water or transport infrastructure, with failure of these infrastructures resulting in considerable costs for firms. In this article, our Regulatory Risk and Compliance team discusses the increased risk of private court actions against underperforming regulated utilities, spurred on by greater accessibility of collective actions.

Introduction

Our Regulatory Risk and Compliance team (the RRC Team) discusses the increasing risk of private court actions against regulated utilities due to their under-performance. This comes in the context of an uptick in actions generally against utilities, spurred on by an increase in the accessibility of collective actions. Whether it be in relation to the water industry and the discharge of untreated sewage and wastewater into waterways or uncompetitive prices for residential landline services See Justin Le Patourel v BT Group

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