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!