Class actions bulletin: Europe — European Commission adopts proposals on private damages actions - .PDF file.
On 11 June 2013, the European Commission adopted a set of proposals that seek to assist claimants in bringing private damages actions arising out of infringements of EU and national competition law. The commission also aims to address the interaction between private actions and public regulatory investigations and, to some degree, to level the playing field between EU member states in light of the divergent rules in respect of private damages actions that have developed over recent years.
The commission’s proposals are set out in a draft directive. After the measures have been adopted by the European parliament and the EU Council of Ministers, EU member states will have two years to implement them in their national laws. The directive will not, however, dictate the way in which the necessary measures are to be implemented…
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