ARTICLE · 13 NOVEMBER 2023

Publication Of The CNMC Guide For The Quantification Of Damages

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The Guide will provide guidance to judges and parties involved in the quantification of damages in private competition law enforcement proceedings.

SpainAntitrust/Competition Law

Esther de Félix Parrondo

Maria Pérez Carrillo

Raquel Nunez

Recently, the National Commission for Markets and Competition (CNMC) has published the Guide on the quantification of damages for competition law infringements¹ (hereinafter "the Guide"). This Guide arises from the need to guide all parties involved and judges in the quantification of damages in private competition law enforcement proceedings.

Previously, two drafts of the Guide were launched for public consultation, the first in July 2021² and the second in September 2022³. Different interested parties have participated in this consultation, from economists, associations, regional competition authorities, magistrates, scholars and individuals.

The purpose of the Guide is to bring technical economic and econometric concepts closer to judges, lawyers, experts and the general public. The Guide includes (i) a compilation of guidelines from different manuals and guides on the subject, (ii) recommendations for the preparation of expert reports to be used as evidence,

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Publication Of The CNMC Guide For The Quantification Of Damages

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