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An economic assessment of damages actions for breach of antitrust rules: Foreword of the 2006 edition

The Commission has shown, with its December 2005 Green Paper on damages actions for breach of EC antitrust rules [1] and the joint Working Paper its willingness to develop “private enforcement” of EC community law. One of the main reasons to encourage private parties to bring damages actions related to anticompetitive practices before national courts is that it is the only way to enable victims of these practices - client firms, competitors, or consumers - to recover damages for loss suffered. But private enforcement is also a way to improve deterrence, either by adding damages awarded by courts to fines imposed by public authorities in cases brought on the back of a NCA or EC decision (“follow-on” actions), or by bringing forth cases which public authorities will not deal with

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  • French Ministry of Economy and Finance (Paris)

Quotation

David Revelin, An economic assessment of damages actions for breach of antitrust rules: Foreword of the 2006 edition, 31 March 2006, e-Competitions Private enforcement, Art. N° 137

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