| Author (Corporate) | Council of the European Union, European Parliament |
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| Series Title | Official Journal of the European Union |
| Series Details | L 349, 05.12.14 |
| Publication Date | 05/12/2014 |
| Content Type | Legislation |
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Summary: The European Commission adopted on 13 June 2014 a proposal which seeks to ensure the effective enforcement of the EU competition rules by optimising the interaction between public and private enforcement of competition law and by ensuring the victims of infringements can obtain full compensation for the harm they suffered. Further information: Regulation No 1/2003 gives effect to the rules prohibiting anticompetitive agreements and abuses of dominant positions - which are laid down in Articles 101 and 102 of the Treaty on the Functioning of the European Union - by setting out the conditions under which the Commission, the national competition authorities and national courts apply these provisions in individual cases. In addition to public enforcement, the direct effect of Articles 101 and 102 of the Treaty means that these provisions create rights and obligations for individuals, which can be enforced by the national courts of the Member States. This is referred to as the private enforcement of the EU competition rules. Damages claims for breaches of Articles 101 or 102 of the Treaty constitute an important area of private enforcement of EU competition law. It follows from the direct effect of the prohibitions laid down in Articles 101 and 102 of the Treaty that any individual can claim compensation for the harm suffered, where there is a causal relationship between that harm and an infringement of the EU competition rules. Compensation for harm caused by infringements of EU competition rules cannot be achieved through public enforcement. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/dir/2014/104/oj |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
