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The Competition Appeal Tribunal (CAT) has found PayPoint plc liable for historical infringements of competition law regarding energy OTC prepayment service contracts. The tribunal ruled that the company’s past contractual clauses restricted competition, although these practices reportedly ceased in 2018. As a result, PayPoint has been ordered to pay damages totaling £169,334 plus interest to Global-365 for the 'loss of chance' to secure contracts with small energy suppliers. While the financial penalty is relatively small in scale, the judgment marks a formal legal finding of anti-competitive behavior. This conclusion follows a lengthy legal process examining the company's historical market dominance and its impact on smaller competitors. Investors are now assessing the reputational implications of this ruling on PayPoint's long-term standing in the energy services sector.
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