CNMC Works On A Guide On Quantification Of Damages For Competition Law Infringements

The Spanish Competition Authority ("CNMC") is working on a comprehensive Guide on the quantification of damages resulting from Competition Law infringements. The purpose of this Guide is to complement the European Commission's guidelines on this matter and to facilitate the process to quantify this kind of damages. Practical experience has proved that this generally constitutes a very controversial matter.

The CNMC has opened two public consultations so far seeking the views of anyone interested in this Guide (the first was opened in October 2021 and the last one in September 2022). On 25 January 2023, the CNMC published a summary of the main highlights of the latest contributions received.