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ARTICLE · 10 DECEMBER 2014

EU Antitrust Private Damages Actions

Mayer Brown
Mayer Brown
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In this update, we look in more detail at the provisions of the new directive on anti-trust damages in the EU, which was adopted on 4 December 2014.

European UnionAntitrust/Competition Law

Keywords: EU, antitrust, damages actions, competition law infringements

Damages Actions for EU Antitrust Law Infringements in Force

On 10 November 2014 the governments of the 28 EU Member States approved a new law that aims at facilitating claims for damages by victims of antitrust infringements in Europe. The new law entered into was adopted on 4 December 2014.1 The law, which takes the form of an EU Directive, was previously prepared by the European Commission ("Commission") and agreed with the European Parliament. It seeks to harmonize the relevant laws across the EU by setting the procedural framework under which damages actions for competition law breaches can be brought in any of the EU Member States ("Directive"). The Member States will be granted a two year deadline, starting from the publication of the Directive in the Official Journal of the EU, within which they will have to transpose its provisions into their national legal systems.

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