EU Lagging On Private Antitrust Framework, Case Shows

Law360, New York (March 11, 2013, 8:16 PM EDT) -- The European Union's highest court is weighing whether cartel members should be on the hook in private damages actions not only for their own price hikes but for higher rates charged by other market players, a question that underscores how far the bloc is from the U.S. in framing a civil antitrust regime.

An Austrian court has sought guidance from the European Court of Justice on whether claimants have the right to seek damages from cartel members for so-called umbrella pricing, according to a notice published...
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