Europe’s Long March Towards Antitrust Damages Actions

The rather long and bumpy road towards a minimum level of harmonization of substantive rules and procedures for class actions continues with the European Commission’s recent launch of a public consultation on collective redress (the “Public Consultation”), and public hearings on the matter on April 5, 2011. This followed a Joint Information Note of Vice-Presidents Almunia and Reding and Commissioner Dalli on the need for a coherent Europe