EU To Consider Allowing Antitrust Class Actions

Law360, New York (October 8, 2010, 5:34 PM EDT) -- The European Commission is reportedly planning to revisit discussions on whether to allow consumers to file class actions over anti-competitive practices.

EU's competition watchdog will hold consultations with interested parties from November through February over the feasibility of adding class action provisions to European law to deal with companies engaged in anti-competitive behavior, according to a Reuters report Friday based on an internal EC document.

The possibility of a new hearing on the subject is the latest indication the EC is seriously considering instituting some mechanism...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.