New EU Rules Will Encourage Competition Damages Claims
November 14, 2014, 11:38 AM EST
Law360, New York (November 14, 2014, 11:38 AM EST) -- A directive designed to boost antitrust damages actions in the EU has finally achieved the qualified majority required for adoption by the Council of the European Union on Nov. 10, 2014. The text, which was informally agreed between the council and the European Parliament in April 2014, still needs to be formally signed by the Parliament. However, it is anticipated that this will happen at the end of this month.
The directive is the result of more than 10 years of effort by the European Commission...