The European Commission has adopted guidelines to help national courts estimate the share of price increases caused by a cartel that are passed on to indirect purchasers and final consumers.
The adoption of the guidelines, known as the “Passing-on Guidelines,” was foreseen in the Antitrust Damages Directive, which helps citizens and companies claim damages if they are victims of infringements of EU antitrust rules.
This applies not only to direct customers of companies found participating in cartels, but also to indirect customers and final consumers when the cartel related price increase has been passed on to them.
The newly adopted guidelines will assist national courts to decide on the level of such compensation, on a case by case basis. The final version of the guidelines takes into account the views and comments submitted by stakeholders in last year’s consultation on the draft guidelines.
Full Content: Europa Press
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI