ALERTS: PROCEDURES - EUROPEAN UNION - AUSTRIA - PRIVATE ENFORCEMENT – CARTEL - COMPENSATION FOR DAMAGE

Private enforcement: Advocate General Juliane Kokott considers that the right to compensation for damage caused by a cartel should be extended to State lenders who grant subsidised loans to purchasers of cartel members (Otis)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 29 July 2019 Advocate General Juliane Kokott delivered her Opinion in Case C-435/18 (Otis Gesellschaft m.b.H. and Others v Land Oberösterreich and Others).which follows a reference for a preliminary ruling from the Austrian Supreme Court. As a result of the cartel in the elevator sector, the Land Oberösterreich, which granted low-interest loans to direct customers of the cartel members for the construction of social housing projects, believes that it was affected by the cartel. As a result of the higher prices, caused by the cartel agreement, for the lifts installed in the subsidised residential buildings, the amount of the loans would have been

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Private enforcement: Advocate General Juliane Kokott considers that the right to compensation for damage caused by a cartel should be extended to State lenders who grant subsidised loans to purchasers of cartel members (Otis), 29 July 2019, Concurrences N° 4-2019, Art. N° 91274, www.concurrences.com

Visites 435

All reviews