The legal status and treatment of economic losses in many
jurisdictions, both in the Civil Law and the Common Law
traditions, have puzzled lawyers and economically minded
scholars for a long time.
Moreover, the size and reach of economic losses are in the
rise in modern economies and legal systems, due to
technological developments in telecommunications, network
effects, increased value of financial information, expanded
use of informational intermediaries, the augmented role of
gatekeepers, and similar phenomena.