Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law
This paper investigates the planned damages actions for breaches of EC antitrust law in order to assess their impact on consumer welfare. It first examines the current legal situation and concurs that the European Union needs to regulate damages actions for breaches of EC antitrust law so that a hig...
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| Format: | Article |
| Language: | English |
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European Institute of Romania
2010-09-01
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| Series: | Romanian Journal of European Affairs |
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| Online Access: | https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol.10_No_.3_ECONOMIC_AND_LEGAL_ASPECTS_OF_THE_PLANNED_DAMAGES_ACTIONS_FOR_BREACHES_OF_EC_ANTITRUST_LAW_.pdf |
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| author | Elena Isac |
| author_facet | Elena Isac |
| author_sort | Elena Isac |
| collection | DOAJ |
| description | This paper investigates the planned damages actions for breaches of EC antitrust law in order to assess their impact on consumer welfare. It first examines the current legal situation and concurs that the European Union needs to regulate damages actions for breaches of EC antitrust law so that a higher number of consumers could be compensated for their losses. This paper then discusses the main legal provisions proposed by the Commission in the Green and in the White paper on damages actions for breaches of EC antitrust law. The analysis of these proposed legal provisions is done using arguments specific to the economic analysis of law. It is demonstrated that most of these proposed legal provisions will enhance consumer welfare but that there are also proposed legal provisions which will damage consumer welfare. The paper concludes that the planned damages actions for breaches of the EC law will be an improvement compared to the current situation. However, the Commission should amend some of the proposed legal provisions in order to help consumers further. |
| format | Article |
| id | doaj-art-2e9ef5e7a393450c9d5fd72e6a4aa5e7 |
| institution | OA Journals |
| issn | 1582-8271 1841-4273 |
| language | English |
| publishDate | 2010-09-01 |
| publisher | European Institute of Romania |
| record_format | Article |
| series | Romanian Journal of European Affairs |
| spelling | doaj-art-2e9ef5e7a393450c9d5fd72e6a4aa5e72025-08-20T02:38:19ZengEuropean Institute of RomaniaRomanian Journal of European Affairs1582-82711841-42732010-09-011031629Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust LawElena Isac0Master in Economic and Legal Studies at Central European University from BudapestThis paper investigates the planned damages actions for breaches of EC antitrust law in order to assess their impact on consumer welfare. It first examines the current legal situation and concurs that the European Union needs to regulate damages actions for breaches of EC antitrust law so that a higher number of consumers could be compensated for their losses. This paper then discusses the main legal provisions proposed by the Commission in the Green and in the White paper on damages actions for breaches of EC antitrust law. The analysis of these proposed legal provisions is done using arguments specific to the economic analysis of law. It is demonstrated that most of these proposed legal provisions will enhance consumer welfare but that there are also proposed legal provisions which will damage consumer welfare. The paper concludes that the planned damages actions for breaches of the EC law will be an improvement compared to the current situation. However, the Commission should amend some of the proposed legal provisions in order to help consumers further.https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol.10_No_.3_ECONOMIC_AND_LEGAL_ASPECTS_OF_THE_PLANNED_DAMAGES_ACTIONS_FOR_BREACHES_OF_EC_ANTITRUST_LAW_.pdfantitrust lawconsumer welfareec lawwhite paper |
| spellingShingle | Elena Isac Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law Romanian Journal of European Affairs antitrust law consumer welfare ec law white paper |
| title | Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law |
| title_full | Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law |
| title_fullStr | Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law |
| title_full_unstemmed | Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law |
| title_short | Economic and Legal Aspects of the Planned Damages Actions for the Breaches of EC Antitrust Law |
| title_sort | economic and legal aspects of the planned damages actions for the breaches of ec antitrust law |
| topic | antitrust law consumer welfare ec law white paper |
| url | https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol.10_No_.3_ECONOMIC_AND_LEGAL_ASPECTS_OF_THE_PLANNED_DAMAGES_ACTIONS_FOR_BREACHES_OF_EC_ANTITRUST_LAW_.pdf |
| work_keys_str_mv | AT elenaisac economicandlegalaspectsoftheplanneddamagesactionsforthebreachesofecantitrustlaw |