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BECCLE Seminar: The Directive on antitrust damages actions
May 22, 2015, 09:15 - 12:00
We are pleased to invite you to a seminar on the antitrust damages directive, Friday 22 May, 2015.
Speakers:
Sebastian Peyer
Lecturer, School of Law, University of Leicester
Lars Henriksson
Professor, Stockholm School of Economics
The live stream of the seminar is available here…
Time and date: 9.15, Friday 22 May
Location: Auditorium, Ground floor, Jekteviksbakken 31
Guests should use the entrance form Torborg Nedreaas’ gate or enter through the Faculty of Law’s main entrance.
The seminar is free and open to the public, and will be streamed live. A link to the live stream will be nade available at the day of the seminar.
The seminar will be held in English
On the Topic:
The Directive on antitrust damages actions was signed into law on 26 November 2014. Its approval has been the outcome of more than 10 years of case law developments, consultations, suggestions and negotiations.
This new instrument aims at setting the legal grounds to coordinate and facilitate private claims for damages due to breach of EU competition law before national courts. The text aims at guaranteeing the right of victims to seek full compensation for antitrust damages as one of the elements of an effective system of private enforcement of infringements of competition law, in addition to the traditional public enforcement by competition authorities.
Dr. Peyer will discuss the main aspects of the Directive and his views on the (dis)incentives the Directive is likely to create for claimants seeking compensation. His presentation will include a discussion of the Directive’s goals and its suitability to reach the objectives it pursues. Also, Dr. Peyer will analyze the challenges posed by the difficulties of accessing to information.
Prof. Henriksson’s presentation will be focused on the welfare effects generated by the private enforcement and the right to seek damage compensation. His presentation questions whether the right to damages may have positive welfare effects and who is more likely to benefit from them: the claimant, consumers as a whole or other undertakings?