EU Revives Bid For Blocwide Collective Actions

Law360, New York (February 04, 2011, 12:32 PM ET) -- European officials renewed their efforts to set up a European Union-wide collective litigation system Friday, asking for feedback on how to best handle collective suits brought under competition, environmental, consumer protection and financial regulation laws.

The European Commission opened a public consultation in a search for a consensus on what legal principles should serve as a foundation for a EU collective action system that would allow for large groups of private citizens to seek injunctions and damages. At the same time, the regulator emphasized the need...
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