UK Competition Watchdog Attacks Tribunal As Hydrocortisone Fines Overturned
CMA Vows To Appeal After Slamming CAT Decision As ‘Fundamentally Misconceived’
Executive Summary
UK competition watchdog the CMA says it will be appealing against a tribunal decision that has overturned nearly £100m of fines imposed over anti-competitive deals around hydrocortisone, based on what the CMA criticized as a “fundamentally misconceived procedural point” linked to the cross-examination of witnesses.