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Damage caused by the prohibited agreement, damages resulting from the "umbrella pricing" - causation

Publication at Faculty of Law |
2015

Abstract

The author gives an overview of the Article 101 TFEU must be interpreted as meaning that it precludes the interpretation and application of domestic legislation enacted by a Member State which categorically excluded, for legal reasons, any civil liability of undertakings belonging to a cartel for loss resulting from the fact that an undertaking not party to the cartel, having regard to the practices of the cartel, set its prices higher than would otherwise have been expected under competitive conditions.