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The Brussels Commercial Court dismisses in its entirety a claim for damages by the Belgian and Flemish State Authorities against the four members of the elevator cartel (Kone / Otis / Schindler / ThyssenKrupp)

Damages claims of the Belgian and Flemish State Authorities against the four Belgian elevator cartel members dismissed for lack of proof of damage by first instance court. In brief Ruling at first instance the Brussels Commercial Court has dismissed in its entirety a claim for damages by the Belgian and Flemish State Authorities against the four members of the Belgian elevator cartel. The claimants alleged that the cartel had caused an overcharge of 12.3%, resulting in harm totalling nearly

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Koen Platteau, Geneviève Borremans, The Brussels Commercial Court dismisses in its entirety a claim for damages by the Belgian and Flemish State Authorities against the four members of the elevator cartel (Kone / Otis / Schindler / ThyssenKrupp), 24 April 2015, e-Competitions Bulletin April 2015, Art. N° 77142

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