A Swedish Court of Appeal awards damages due to a refusal to supply, which was considered to constitute an abuse of a dominant position (Euroclear Sweden / Europe Investor Direct)

Introduction In one of the first actions for damages due to a competition law infringement the Stockholm District Court and the Svea Court of Appeal awarded damages due to a refusal to supply, which was considered to constitute an abuse of a dominant position. Background Euroclear Sweden AB (previously VPC) is the central securities depository in respect of, inter alia, Swedish companies’ shareholders registers. Under the Swedish Companies Act, Euroclear is obliged, upon request and in return for compensation for its costs, to provide updated copies of all shareholders

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Authors

  • Vinge (Stockholm)
  • Cosmetics Europe (Brussels)

Quotation

Carl Wetter, Emma Trogen, A Swedish Court of Appeal awards damages due to a refusal to supply, which was considered to constitute an abuse of a dominant position (Euroclear Sweden / Europe Investor Direct), 19 January 2011, e-Competitions Bulletin January 2011, Art. N° 38164

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