Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

Slides – GCLC Lunch Talk on Quantification of Damages

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I attach the slides presented by A. Lofaro at today’s lunch talk. A great event, which triggered a very interesting discussion.

Some  things that arose from the debate with the audience + some ruminations:

  • The non binding guidance on which the Commission works will include something on exclusionary abuses
  • The Commission is not incline to provide guidance on quantification in its decisions
  • The Commission does not intend to make a specific, pro-active use of the instruments under Regulation 1 (article 15) to provide guidance on compensation
  • Peter Roth suggested that as part of settlement discussions, the parties to a cartel could also commit to a certain amount as compensation
  • On passing-on, I would advise consulting the non-competition EU case law
  • In terms of counterfactual price, why not use the price that follows Commission enforcement as the competitive benchmark?

Slides Lofaro – GCLC Lunch Talk – Estimating damages 22 September

Written by Nicolas Petit

23 September 2010 at 3:48 pm

Posted in GCLC

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