European Commission Consultations on Antitrust Damages Quantification and Collective Redress

On June 17, 2011, the European Commission released for comment a draft guidance paper on quantification of damages for EU antitrust violations. The Commission solicits comments by September 30, 2011. The Damages Consultation follows another recent consultation, on harmonizing EU Member State approaches collective redress to strengthen EU law enforcement, which elicited comments from over 1,800 respondents. These consultations represent further steps toward the long-standing Commission goal of encouraging private antitrust litigation in the European Union.