Düsseldorf Court Dismisses CDC Damage Claims in Antitrust Follow-on Action
January 8, 2014
In a landmark judgment of December 17, 2013, the Düsseldorf District Court (Landgericht Düsseldorf) dismissed cartel follow-on damage claims by a Belgian special purpose vehicle, Cartel Damage Claims (“CDC”), which had sought to bring a collection of damage claims against various German cement producers. While it is too early to say whether this development will cause a significant obstacle to such collective cartel follow-on damage actions in Germany, it is nonetheless a blow to the business model of companies like CDC.
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