Consumers’ right of action in antitrust cases: Current problems and future solutions
Nordic Council of Ministers, Nordic Council of Ministers Secretariat2006 (English)Other (Other (popular science, discussion, etc.))
Consumers benefit from well-functioning markets. Since competition law infringements harm the market mechanism, all competition law infringements harm consumers, directly or indirectly. There are two categories of consumers who have suffered: consumers who have bought products at a higher price or of inferior quality; and consumers who could not afford to buy the overpriced product (deadweight loss). Consumers have a right of redress for antitrust damages in all the Nordic countries. However, with a few exceptions, neither consumers nor their representatives are currently pursuing such claims. Consequently, consumers are not being compensated for their losses. The Nordic Council of Ministers therefore decided to fund a project and a report on the subject. The project was set up and supervised by the Steering Group on Legal Issues under the Committee on Consumer Issues. The ambition of the report is twofold: to analyse the main obstacles to redress of consumers' antitrust damages; and to provide possible solutions to the problems consumers and their representatives face when pursuing such claims. The report aims to provide both national and EU institutions with specific recommendations on how to facilitate consumers' claims for antitrust damages.
Place, publisher, year, edition, pages
Copenhagen: Nordic Council of Ministers , 2006. , 63 p.
TemaNord, ISSN 0908-6692 ; 2006:583
Neytendaréttur, Lög og réttur
Research subject Consumer protection; Justice
IdentifiersURN: urn:nbn:se:norden:org:diva-2149ISBN: 92-893-1415-XOAI: oai:DiVA.org:norden-2149DiVA: diva2:702534