In response to changes in the international antitrust regulatory environment, our Compendium of Antitrust Damages Actions aims to provide guidance on antitrust litigation practices in an array of key jurisdictions and to raise awareness on the trends that are evolving across borders.
Antitrust enforcement is essential to deter and prosecute practices and business conducts that can be harmful to innovation and consumer welfare. Whereas in the past antirust law was principally a matter of public enforcement by competition authorities, nowadays we are witnessing a rise in private antitrust litigation and action for damages.
With the new edition of the Compendium of Antitrust Damages Actions, ICC in partnership with Concurrences, aims to continue helping businesses understand the new risks they face with regards to antitrust enforcement, while raising awareness of the trends that will influence the international antitrust regulatory environment.
What is new?
- The new edition gathers the latest developments in antitrust litigation proceedings and new case law across various industries in a number of key jurisdictions.
- The Compendium provides decision-makers with a comparative overview of the issues most frequently arising in private antitrust litigation in key jurisdictions, to help them navigate through a new, fast-changing legal environment.
Why is the ICC Compendium of Antitrust Damages Actions relevant?
The role of private competition law enforcement in ensuring fair and undistorted market conditions, which used to be limited to the United States for decades, has been pushed to the fore following the adoption by the European Union of Directive 2014/104. The transposition of the Directive by the EU Member States into national laws has spurred countries beyond Europe to adjust their legislative frameworks to foster the development of antitrust private claims. However, not all jurisdictions have adopted the same rules and antitrust litigation has become extremely complex.
The consequences for businesses, regardless of their sizes and markets, are enormous. Companies involved in anti-competitive behaviours can face heavy fines and sometimes criminal sanctions from the public enforcement of competition law. But with the increasing importance that private enforcement has gained over the last few years, they may find themselves at greater loss due to private legal actions filed against them by victims seeking compensation for damages.
What makes the ICC Compendium of Antitrust Damages Actions unique?
The ICC Compendium of Antirust Damages Actions provides a comprehensive overview of the complexities and intricacies associated with antitrust litigation across a wide range of key jurisdictions including Brazil, China, France, Germany, and the United Kingdom.
Key facts and numbers about the second edition:
leading antitrust and litigation law specialists, including academics contributed to this edition
key topics are explained in each chapter
court cases, including salient facts and insights on important judgements
key jurisdictions around the globe are covered
Who is the Compendium for?
Businesses
will enhance their understanding of the increasing risks they face in being sued for anti-competition conducts and of the different methods of calculating damages.
Private practitioners
will have at hand an overview of the legal practices and a collection of the most important cases and decisions related to damages actions.
Judges
will see what other courts have decided on a given issue which may contribute to greater consistency and enhance integration within the EU.
Competition enforcement agencies
will have a general view of the consequences of their decisions.
Policymakers
will have more clarity to the trends that will influence the international antitrust regulatory environment for the long term.
Academics
will find insights on the essential features of the EU private enforcement regime and that of countries beyond the block.
