Litigation in Europe after Passage of the EU Directive on Antitrust Damages Actions
12 PM EST
On 26 November 2014, the European Union adopted a long-awaited European Directive on private damages for antitrust violations. EU Member States have until 27 December 2016 to implement the Directive into national law. The Directive concludes an almost 10 year effort by the European Commission to harmonize the laws of 28 Member States -- at least regarding certain aspects of private damages actions. The incoming EU Competition Commissioner, Margaret Vestager, welcomed the Directive as “making it easier for European citizens and companies to receive effective compensation for harm caused by antitrust violations”. Since the Directive does not aim at full harmonization, what are the aspects it addresses? Which issues have been left open and what are the implications for private damages actions in Europe after implementation of the Directive?
* Juergen Schindler, Allen & Overy Brussels
* Emanuela Canetta, DG Competition, EU Comm'n Brussels
* Kaarli Eichhorn, General Electric Brussels
* Luke Haasbeek, DG Competition, EU Comm'n Brussels
* Mary Lehner, Freshfields, Bruckhause, Deringer, Washington
* D. Daniel Sokol, University of Florida Levin College of Law, Gainesville
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