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TLT succeeded in overturning a £17.9 million fine imposed on Compare the Market. The comparison website, which has about six million customers and is known for its meerkat advertising, was given the fine over claims that it artificially raised the price of home insurance to consumers by preventing insurers from offering better deals through other channels. The firm took the Competition and Markets Authority (CMA) to a tribunal, which found the CMA produced “no reliable evidence” that the website had taken anti-competitive actions.
The firm also advised on the sale of what has been heralded as the largest co-location portfolio of solar and battery storage in the UK, consisting of seven sites with a total capacity of 720 megawatts. The firm acted for the solar energy developer Cero Generation’s joint venture with the renewable energy developer Enso Energy on the sale to the infrastructure equity fund manager DIF Capital Partners.
★ Commended for administrative & public law; banking & finance; commercial dispute resolution; employment; intellectual property
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