ZWeR 2024, 325
Judicial Damage Assessment in Cartel Damages Proceedings in Germany, the United Kingdom, the Netherlands and Spain – A Level Playing Field?
This article provides a comparative analysis of judicial approaches to damage assessment in cartel damages proceedings across Germany, the United Kingdom, the Netherlands and Spain as the major jurisdictions for follow-on claims.
The authors contend that, despite a shared standard for the quantum assessment, differences arise primarily from the varied application of factual presumptions and the reliance on expert reports, illustrating the intricate nature of quantifying cartel damages and the challenges faced by courts.
Contents
- I. Introduction
- II. Approaches to Damage Assessment
- 1. Germany
- 1.1 General Standard for Damage Assessment
- 1.2 Application by German Courts
- 2. United Kingdom
- 2.1 General Standard for Damage Assessment
- 2.2 Application by Courts in the United Kingdom
- 3. Netherlands
- 3.1 General Standard for Damage Assessment
- 3.2 Application by Dutch Courts
- 4. Spain
- 4.1 General Standard for Damage Assessment
- 4.2 Application by Spanish Courts
- III. Comparative Analysis
- 1. Required Level of Accuracy of Damage Assessment
- 2. Relevance of Factual Presumption
- 3. Relevance of Expert Reports
- IV. Final Conclusion
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- *)Dr. iur., Partner in the Dispute Resolution practice group at Freshfields, Düsseldorf
- **
- **)Dr. iur., LL.M. (Stockholm), Associate in the Dispute Resolution practice group at Freshfields, Düsseldorf
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