Cases
From fine art
auctions to
the banking sector and a variety of industrial products, illegal
anticompetitive practices can exist in virtually all markets. The
infringements of antitrust law affect numerous market participants,
businesses and end-consumer, who might claim for damages.
Potential cases
The European Commission and national competition authorities regularly
detect and fine ‘hardcore cartels’ across all
markets and
sectors. According to the Commission’s
Directorate
General for Competition, EU-wide cartels have been detected
and fined for example in the following markets:
Bananas
(2008),
calcium carbide
(2009),
car glass
(2008),
elevators and
escalators (2007),
flat
glass (2007),
gas
(2009),
gas insulated
switchgear (2007),
paraffin
waxes (2008),
plastic
additives (2009),
removal
services (2008),
synthetic
rubber (2006),
vitamins
(2001).
It is established case law of several national courts in Europe that
there is a legal presumption according to which hardcore cartels have
market-effects such as to significantly damage other market
participants (see
Damage
Quantification).
Therefore, like the European Commission stresses in every press
release accompanying its cartel decisions, any victim of the given
anticompetitive behaviour may enforce its damage claims before the
national courts of the Member States. The victim plaintiff shall submit
elements of the published decision as evidence that the illegal
infringement took place. Although the Commission has fined the
companies concerned, damages may be awarded without these being reduced
on account of the Commission fine.
Where might CDC be active?
CDC might in principle be active in the purchase, preparation, and
enforcement of antitrust damage claims in any market and sector all
over Europe.
Should your
company be
affected and possibly damaged by an existing cartel, we encourage you
to get in touch with us. It is possible that we
are already engaged in the case, or you might convince us to do so.
Equally, we might arrange for further contacts with market insiders,
other damaged companies or their representatives.
Please find our contact details under
Contact. We
ensure anonymity and confidentiality.
Where CDC is already active
It is a key principle of CDC to assess and prepare every case
with full accuracy in a way that is most likely to hold up under court
scrutiny. We consider both out-of-court settlements and enforcement in
court to be viable options for securing compensation and we decide on a
case by case basis which approach is advantageous. The following pages
provide information about those cases in which CDC initiated legal
actions:
- German Cement
- Hydrogen Peroxide
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