EU Antitrust Study Aims To Up Damages Recoveries

Law360, New York (January 20, 2010, 4:23 PM EST) -- Victims of cartels and other anti-competitive wrongdoing in the European Union have been given a new tool for recovery, with the publication of a report that aims to better address the complex process of damages quantification.

The European Commission published the report on damages quantification Tuesday, the culmination of a 2008 EC push to increase consumers' and businesses' damages recoveries by providing them with the tools they need to make damages assessments.

Though EU fines against price-fixing cartels topped €1.6 billion in 2009, customers’ and competitors’...
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