United Kingdom

On behalf of the team

It has emerged from a Competition Appeal Tribunal decision that ABB has reached a settlement in a cartel damage case instituted by the UK National Grid over the power cable cartel. The UK energy network operator’s lawsuit followed a 2014 decision by the European Commission to impose a fine on 11 cable manufacturers because they formed a global cartel for almost ten years with effect from 1999. The claim is still being pursued against Prysmian, another cable manufacturer [1]ABB settles National Grid’s UK antitrust suit over cable cartel.