Damages following breach of competition law / cartel law

Damages following breach of competition or cartel law

The European Commission states the following on her Homepage "Europa.eu":

"Vigorous competition in an open internal market provides the best guarantee that European companies will increase their productivity and innovative potential. Competition law enforcement is therefore a key element of the "Lisbon strategy" which aims at making the economy of the European Union grow and create employment for Europe’s citizens.

Facilitating damages claims for breaches of the antitrust rules will not only strengthen the enforcement of competition law, but will also make it easier for consumers and firms who have suffered damage from an infringement of competition law rules to recover their losses from the infringer.

The Commission is therefore looking at the conditions under which private parties can bring actions for damages before the national courts of the Member States for breach of the Community antitrust rules.
In the majority of Member States actions for damages for the infringement of EC and national competition law have been extremely limited. In Europe, competition law is mostly enforced by competition agencies, subject to review by the courts. Awards for damages by national courts at the initiative of private parties are much less common."

Source: European Commission (vom 20.06.2008)

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