Thursday, November 29, 2012
Is it time for the European Union to legislate in the field of collective redress in antitrust (and how)?
Posted by D. Daniel Sokol
Paolo Buccirossi (LEAR) and Michele Carpagnano ask Is it time for the European Union to legislate in the field of collective redress in antitrust (and how)?
ABSTRACT: Although most of the EU Member States allow the victims of an anticompetitive conduct to bring a collective action, so far there have been very few cases across the European Union. A legislative intervention on collective redress in antitrust at EU level may be needed to improve the effectiveness of the private enforcement of EU competition law. This intervention could have article 103 TFEU as a legal basis and the most effective legislative act would be a regulation.