Malta NCA Publishes Consultation Paper On The EU Damages Directive

On 20 September 2016, the Malta national competition authority, that is, the Office for Competition within the Malta Competition and Consumer Affairs Authority launched a consultation process on the transposition into Maltese law of the EU Antitrust Damages Directive which provides for a full right of compensation covering actual loss, loss of profits and interest.

The proposed subsidiary legislation transposes new provisions for:

• a rebuttable presumption that the infringement of competition law happened if there is a finding by a national competition authority of another EU Member State to that effect;
• increase of limitation period for actions for damages arising from a breach of the competition rules to 5 years (from 2 years);