The European Commission on Tuesday published a Green Paper on how to facilitate
actions for damages caused by violations of EC Treaty competition rules’
ban on restrictive business practices and abuse of dominant market positions.
The Commission explained that:
"Violations of these rules, in particular by price fixing cartels, can
cause considerable damage to companies and consumers but numerous obstacles
can hinder actions for damages by injured parties in national courts."
"The Green Paper identifies certain of these obstacles, such as access
to evidence and the quantification of damages, and presents various options
for debate for their removal."
"The options set out in the Green Paper would seek to ensure that companies
and consumers were compensated for their losses, while avoiding vexatious claims."
Competition Commissioner Neelie Kroes observed that: “Businesses and
individuals who suffer losses because of illegal activities such as cartels
have a right to compensation. Currently, this right is all too often theoretical
because of obstacles to exercising this right in practice. This Green Paper
sets out options for making that right a reality, and so making companies that
break the competition rules pay for the harm that they do.”
According to the EC, strengthening damages claims by companies and consumers
will have several advantages, namely that:
It ensures that businesses and consumers harmed by anti-competitive activity
are compensated for their losses;
It enhances the overall level of respect for the EC competition rules by discouraging
companies from engaging in anti-competitive activity;
Comments from interested parties are invited until Friday 21 April, 2006.