The German Parliament approves statutory amendments addressing private competition enforcement

Both houses of German parliament, the German Bundesrat (German Federal Council) and the Bundestag (German House of Representatives), have finally approved the long-awaited ninth amendment to the Act against Restraints of Competition, which in particular addresses private antitrust enforcement in Germany. The amendment will enter force on the day after it has been published in the German Federal Law Gazette, which is expected shortly. The amendment became necessary inter alia to implement the Cartel Damages Directive that was approved by the Council of the European Union in November 2014 (the “EU Directive”), which was intended to enable victims of infringements of EU antitrust law to claim compensation for the damages they suffered. This article will address a number of the key aspects

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Alex Petrasincu, Ann-Christin Richter, The German Parliament approves statutory amendments addressing private competition enforcement, 30 October 2017, e-Competitions October 2017, Art. N° 96514

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