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ARTICLE · 21 JANUARY 2015

Lessons Learned

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We thought we would start 2015 with some of the highlights and lessons learned from 2014

United KingdomAntitrust/Competition Law
John Cassels
John Cassels

We thought we would start 2015 with some of the highlights and lessons learned from 2014:

  • High politics: the OPEC cartel is divided, and is pursuing a high risk strategy of driving out competing sources of supply via sustained over-supply and price depression.  The price of crude oil dropped under $50 per barrel and in the UK, the Government does not seem to be confident that competition in the oil greedy sectors (airlines, energy) would be effective in ensuring that costs savings are passed on to consumers.
  • Strategic complaints: Google remains embroiled in two major EU antitrust investigations, with competitors taking full advantage of the opportunity to prolong existing investigations/ignite new ones as a route by which to secure commercial advantage.

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