Consensual settlementU.K.
[F137.In this Part of this Schedule, “consensual settlement” means an agreement relating to a dispute about loss or damage arising from an infringement of competition law which—
(a)is reached through a consensual dispute resolution process,
(b)is made between—
(i)an infringer or a person who has acquired an infringer’s liability in respect of the infringement (whether by operation of law or otherwise) (“the settling infringer”), and
(ii)a person who suffered the loss or damage or a person who has acquired such a person’s right to make a claim in respect of the loss or damage (whether by operation of law or otherwise) (“the settling complainant”), and
(c)entirely resolves the dispute between the settling infringer and the settling complainant.]
Textual Amendments