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1 results

  • 1 - Causation in Competition Law

  • Claudio Lombardi
  • Book:
    Causation in Competition Law Damages Actions
    Published online:
    03 December 2019
    Print publication:
    02 January 2020, pp 3-33

  • Summary

    The European Union law grants the right to claim for damages to anyone harmed by an antitrust infringement, be they consumers, undertakings or public authorities. A competition law infringement may cause economic harm simultaneously to several market participants. Economic harms may indeed flow from an antitrust infringement in the form of price overcharges or other economic loss – for instance, lost profits or lost chances. Tort laws generally establish the liability of the infringer through the principle of corrective justice, based on which the wrongdoer has a duty to repair only the wrongful losses that his or her conduct has caused. Along these lines, the principle of corrective justice dispenses a general rule whereby a person harmed by a tort must be able to recover damages to restore the same situation, at least from an economic perspective, existing before the breach.