ITP - How much were my cartel damages, again?

Did you know that

• Private enforcement of competition law is still in its infancy, above all with regard to the damage estimate;
• There exists a refutable legal presumption that a cartel causes harm. This presumption applies only to the existence of the harm, not to the amount thereof. The plaintiff must prove the amount of the damage;
• Professional economists will often be called on. The objective is to present the economic analysis in a way that is understandable to the court.

Do you want to know more? Read the June edition of our ITP!