Author (Corporate) | Council of the European Union: General Secretariat |
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Series Title | Press Release |
Series Details | PRES/14/182 (26.03.14) |
Publication Date | 26/03/2014 |
Content Type | News |
On 26 March 2014, the Committee of Permanent Representatives endorsed an agreement between the Hellenic Presidency of the Council and European Parliament representatives laying down new rules aimed at facilitating damage claims by victims of antitrust violations. The new directive will harmonise and ensure the effective enforcement of antitrust damages rules within the EU, thereby allowing the victims of a cartel to receive full compensation for both the actual loss suffered and for lost profits. The new measures also seek to improve the efficiency of leniency programmes, whereby an undertaking confesses its participation in a cartel in return for immunity from or a reduction of the fine. |
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Source Link | Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/intm/141926.pdf |
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Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe |