Lloyd LJ, Moore-Bick LJ and Richards LJ held the Competition Appeal Tribunal had no power to direct Ofcom to impose revised price controls on a retrospective basis. Under CA 2003 section 195 it was clear there was no power to direct Ofcom to do something it would otherwise have no power to do. Under section 45 Ofcom had the power to revoke or modify conditions that were in force, but that did not include a power to modify a condition with retrospective effect.