European Cartel Damage Alliance e.V.

European lawyers network in the field of antitrust law and cartel damages claims

The antitrust lawyers within the network have several years of experience in the field of enforcement of cartel damage claims

Private Enforcement & cartel damages claims

 CARTEL DAMAGES COMPENSATION

Cartel damages claims are the counterpart to antitrust fines by competition authorities. While the latter aim at punishing infringements of competition law, actions for damages aim mainly at damage compensation. Nonetheless, their detterent effect shouldn‘t be underestimatet.

 FOLLOW-ON ACTIONS

Antitrust damages claims are usually enforced (out of court or in court) follwing a binding decision of a competition authority. At the level of the European Union it is the European Commission, which every year fines various antitrust infringements of different nature and scope.

 EVERYBODY’S RIGHT TO COMPENSATION

The European Court of Justice confirmed in the past that any individual has the right to full compensation for the harm caused to it by an infringement of antitrust rules (i.e. compensation of actual loss, loss of profit and interests). Since then the rights of cartel victims have constantly been strengthened by case-law and the legislator. An important milestone was the the Directive on antitrust damages actions (2014/104/EU). Every claim should be carefully considered both legally and economically before a lawsuit.

News

28

April

2020

ECDA Symposium on Cartel Damages in Brussels:

Private enforcement of antitrust law, claims bundling and litigation funding for companies

Contact information:

Office Berlin

Coordinator for private enforcement
projects
and international issues

Ms. Helena Juncker
helena.juncker@ecda-online.com

Phone +49 (030) 611 28 40 – 475

Magazinstraße 15-16
10179 Berlin / Germany