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This chapter analyzes the evolution and current state of antitrust damages litigation in Portugal and Spain. Both countries share the commonality of being novice jurisdictions in dealing with these types of claims. Courts and professionals have shown to be up for the challenges raised in...
Persistent link: https://www.econbiz.de/10014080718
The primary aim of this contribution is to reflect on the principles underpinning the disclosure of evidence under the Directive 2014/104/EU (hereinafter: the Directive), namely, the principles of proportionality, effectiveness, equivalence and consistency. Its secondary aim is to review the...
Persistent link: https://www.econbiz.de/10012968963
This paper analyses the legal measures adopted to implement Directive 2014/104/EU into Spanish law. After briefly looking at the context of private enforcement of competition law in Spain, it examines the process followed for the transposition and the issues discussed before the adoption of the...
Persistent link: https://www.econbiz.de/10012926120
After briefly describing the institutional and legal framework for antitrust damages claims in Spain, this article surveys the courts’ experience in deciding these actions and shows the rise in cartel follow-on claims in the last five years. Damages claims for antitrust infringements declared...
Persistent link: https://www.econbiz.de/10013251727
Persistent link: https://www.econbiz.de/10013085822
If an antitrust fine has been imposed on a company, the question of managerial recourse liability arises. We present … court cases from the Netherlands, the UK, and Germany, in part denying managerial liability and claiming that it would … undermine the fines’ deterrent effect. We analyse whether managerial liability should be limited or banned to prevent, on the …
Persistent link: https://www.econbiz.de/10014344596
The conventional wisdom is that current antitrust damage levels are too high, lead to overdeterrence, and should be cut back. Although most agree that threefold damages are fine for cartels, the combination of treble damages to direct purchasers and another treble damages to indirect purchasers...
Persistent link: https://www.econbiz.de/10012772132
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from the fine. We analyze the effectiveness of this policy. Such a rebate does not encourage settlement negotiations that would otherwise not occur. If, however, the parties settle...
Persistent link: https://www.econbiz.de/10012842842
To encourage private actions for damages in antitrust cases some jurisdictions subtract a fraction of the redress from the fine. We analyze the effectiveness of this policy. Such a rebate does not encourage settlement negotiations that would otherwise not occur. If, however, the parties settle...
Persistent link: https://www.econbiz.de/10012159842
Following various proposals in the academic literature, and in the light of the observed decrease in the number of leniency applications received by European competition authorities in the period 2015 – 2020, the German Monopolies Commission (Monopolkommission) proposed in 2022 to amend the...
Persistent link: https://www.econbiz.de/10014347452