On 26 March 2009, the European Parliament adopted a resolution which supports the European Commission’s (Commission) plans to promote private law actions and collective redress for damage caused by breach of competition law. The European Parliament is in favour of private law action for compensatory damages but does not support the idea of extending this to punitive damages. On collective action, the European Parliament stated that any proposed EU measures should be complementary to, and should not replace, existing national forms of action e.g. representative actions and test cases. Interestingly, the Resolution notes that the Commission has not formally identified the proposed legal basis for any EU legislative measure.
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.
RegisterIf you have any questions about the service please contact customerservices@lexology.com or call Lexology Customer Services on +44 20 7234 0606.
European Parliament supports damages initiative
- Nabarro LLP
- Brian Sher, Cyrus Mehta and Rachel Bickler
- European Union
- April 8 2009
-
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.
![]()
Audrey E Mross
Labor & Employment Attorney
Munck Carter LLP