| Author (Person) | Buck, Tobias |
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| Series Title | Financial Times |
| Series Details | 21.12.05 |
| Publication Date | 21/12/2005 |
| Content Type | News |
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The European Commission published a Green Paper 20 December 2005 on how to facilitate actions for damages caused by violations of EC Treaty competition rules’ ban on restrictive business practices and abuse of dominant market positions (Articles 81 and 82 respectively). Violations of these rules, in particular by price fixing cartels, can cause considerable damage to companies and consumers but numerous obstacles can hinder actions for damages by injured parties in national courts. The Green Paper identifies certain of these obstacles, such as access to evidence and the quantification of damages, and presents various options for debate for their removal. The options set out in the Green Paper would seek to ensure that companies and consumers were compensated for their losses, while avoiding vexatious claims. Comments on the Green Paper can be submitted by 21 April 2006. |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
