Abstract

http://ssrn.com/abstract=927001
 
 

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A Class Action Model for Antitrust Damages Litigation in the European Union


Fabio Polverino


University of Chicago Law School

August 28, 2006


Abstract:     
This paper reviews the legal and economic structure of the class action litigation model in the United States, as set forth by rule 23 of US civil procedure, exploring the requirements for obtaining class certification and maintaining a class action. I analyze a number of critical issues and inefficiencies connected to the adoption of class action as a tool for adjudicating controversies. The paper, then, takes into consideration the issue of private antitrust litigation in the European Union, at the moment still underdeveloped. A Green Paper recently published by the EU Commission includes proposals for the adoption of private antitrust damages litigation in the EU, but, even suggesting the possible adoption of a collective action model, never mentions class action as a viable solution. I consider some of the questions raised by the EU Commission in the Green Paper. Relying on the fact that US courts have repeatedly stated that antitrust controversies are suitable for class action treatment, I consider whether the US model of class action litigation might provide, although in an amended version, a satisfactory answer to the problematic issues raised by the Green Paper and represent an efficient tool for the private enforcement of antitrust law in the European Union.

Number of Pages in PDF File: 37

Keywords: antitrust, class action, litigation, damages, EU, European Union, cartels, US, comparative law

JEL Classification: K21, K41, K42, L12, L41, L44, L49

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Date posted: August 29, 2006  

Suggested Citation

Polverino, Fabio, A Class Action Model for Antitrust Damages Litigation in the European Union (August 28, 2006). Available at SSRN: http://ssrn.com/abstract=927001 or http://dx.doi.org/10.2139/ssrn.927001

Contact Information

Fabio Polverino (Contact Author)
University of Chicago Law School ( email )
1111 E. 60th St.
Chicago, IL 60637
United States
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