CDC is recognised for its effective solutions for the bundling of a multitude of damage claims and data relating to the same infringement. This book building approach results in significant synergies regarding both the quantification of complex damages caused by cartels and the enforcement of corresponding claims in court and out-of court.
Reaching the critical mass
In order to create the critical mass required to merit enforcement activities, CDC proceeds to the book building phase. The synergies of bundling data and claims usually increase with the number of companies that participate in a case. CDC ensures full confidentiality between the participating companies throughout the entire process.
Horizontal and vertical bundling
The bundling of claims can include claims of companies from the same market level (horizontal bundling) or companies from different market levels (vertical bundling). Bundling of claims along the supply chain can at the same time be an effective solution to counter the so-called passing-on defense which is usually raised by defending cartel members. Chances of recovering damages can be increased if the interests of damaged companies along different market levels are aligned.
Even cartel members profit from the book building. It allows cartel members to respond to their liability and to settle claims in one single action.