EC publishes White Paper on damages: an effective system of antitrust litigation?

07.04.08

 

On 3 April 2008, the European Commission (EC) published its White Paper on damages actions for breach of the EC antitrust rules. The proposed reforms seek to ensure that victims of anti-competitive behaviour in all Member States of the EU are able to claim "full compensation" before their national courts.

The Commission is keen to foster a European competition culture and it wishes to avoid what it perceives as the excesses of American-style litigation. It therefore seeks to preserve the effectiveness of enforcement by competition authorities, while ensuring antitrust litigation is a robust complement to public enforcement. In many Member States, it remains practically impossible for many victims to enforce their antitrust rights before the courts.

Our antitrust experts have put together a brief analysis of the Commission's proposals.

Key Contact

Simon Taylor, partner, +44 (0)20 7664 0382, simon_taylor@wragge.com

This alert may contain information of general interest about current legal issues, but does not give legal advice.