Suing the Suits – Derivative Shareholder Actions to Bring Home the Message of Antitrust

Posted: 4 Jul 2009 Last revised: 5 Jun 2012

Florian Wagner-von Papp

University College London Faculty of Laws

Arad Reisberg

Brunel University London ; affiliation not provided to SSRN

Date Written: July 1, 2009

Abstract

This article starts by analysing the potential benefits of derivative actions brought by shareholders against the management of firms which have infringed the antitrust laws (derivative shareholder suits). It goes on to discuss the limitations of these actions as they are currently implemented in selected jurisdictions, such as Delaware, the United Kingdom and Germany. The article then addresses possibilities for reforming the instrument of derivative actions to overcome these limitations. It concludes that – with the necessary adaptations – these actions could make a valuable contribution to the fight against antitrust law violations, inter alia, by providing incentives to install effective antitrust compliance schemes.

Suggested Citation

Wagner-von Papp, Florian and Reisberg, Arad, Suing the Suits – Derivative Shareholder Actions to Bring Home the Message of Antitrust (July 1, 2009). Available at SSRN: https://ssrn.com/abstract=1428326

Florian Wagner-von Papp

University College London Faculty of Laws ( email )

Bidborough House
38-50 Bidborough Street
London WC1H 9BT, WC1H 9BT
United Kingdom

HOME PAGE: http://iris.ucl.ac.uk/iris/browse/profile?upi=FWAGN21

Arad Reisberg (Contact Author)

Brunel University London ( email )

Kingston Lane
Elliott Jaques Building
Uxbridge, Middlesex UB8 3PH
United Kingdom

HOME PAGE: http://www.brunel.ac.uk/people/arad-reisberg

affiliation not provided to SSRN

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