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Press release 28 February 2024 – Amsterdam District Court Advances on Trucks Cartel Litigation

For Companies

Damaged companies are entitled to full compensation if they have been a victim of competition law infringements.

For Trade Associations

Members of trade associations adversely affected by competition law infringements qualify for full compensation.

For Lawyers

Law firms throughout Europe trust CDC Cartel Damage Claims due to our expertise and unrivalled track record.

Experience

We are the pioneer and leader in obtaining antitrust damages in Europe. We have a multidisciplinary and international team comprised of legal, economic, funding, data collection, IT and negotiation experts dedicated to obtaining optimal antitrust compensation. This design allows companies to outsource the antitrust recovery process to CDC and return focus to their core business.

Commitment

We fully align our interests with those of the damaged companies. CDC works on a โ€˜no win, no feeโ€™ basis unless requested otherwise. This means we assume all costs and risks, and only receive a reasonable share of the compensation when the case prevails.

Resilience

We do not settle for sub-optimum results. We have an unrivalled track record demonstrating our effective approach in achieving optimum damage compensation. To date, CDC has claimed over two billion euros in damages and has been successful in 100% of the cases pursued.

Trust

Our approach is referred to as the model for antitrust recovery by notable entities, such as the European Commission, the European Court of Justice, the European Parliament, CEOs, in-house counsels, academics and professors.

Testimonials

โ€œThe approach of CDC corresponds with the interests of damaged companies as it invests its own personnel and financial resources in each caseโ€ฆโ€ฆThe fruitful cooperation over the years with CDC has resulted in several considerable pay-outs for our companyโ€ฆโ€ฆCDC leverages its stronger negotiating power, access to market-wide data, and its expertise and experience to successfully optimise the level of compensation for damaged companies.โ€œ
Erich E WimmerHead of Legal at Mondi AG, Austria
โ€œCDCโ€™s ability to not only get a deal done but to negotiate and achieve a great deal is one of the multiple reasons making CDC our partner of choice. Without CDC, our company would not have recovered the same level of compensation and we are extremely satisfied that we chose CDC over other alternatives.โ€
Dr Martin ZรผgelCEO of MCM Klosterfrau Healthcare Group, Germany
โ€œHaving successfully achieved several significant settlements on our behalf against two different cartels CDC has shown its capability and dependability in ensuring that companies damaged by anticompetitive practices are properly compensated for their loss.โ€
Josรฉ MoutasChief Legal Counsel at ENCE Energia y Celulosa SA, Spain
โ€œCDC has won five settlements for us in two court cases in Germany and Finland, proving on several occasions that it is competent in managing complicated proceedingsโ€ฆโ€ฆFurthermore, we did not have to worry about any burden from the costs and risks associated with enforcing the claims, as these were also borne entirely by CDC.โ€œ
Jan GeierSteinbeis Papier GmbH, Germany
โ€œCDCโ€™s collective approach of acquiring claims on a pan-European level and bundling them into one damage action was particularly interesting from our viewpoint as this enabled access to market-wide data and considerably increased negotiating power against the cartelists.โ€œ
Michael Von den BenkenDirector at DUNI AB, Sweden
โ€œCDC achieved a very successful outcome and we received multiple payments for compensation which we were very happy about. We highly endorse CDC as a very reliable expert with a long history of successfully claiming antitrust damages.โ€œ
Paolo RomaniniIndustrial Controller at Lucart S.p.A, Italy
โ€œSappi Europe has financially greatly benefitted from multiple case settlements that were successfully negotiated by CDC. Importantly, CDC has done so by assuming all costs pertaining to these proceedingsโ€ฆโ€ฆCDC knows how to convert antitrust damage claims into a positive cash flow for companies that have been overcharged by collusive suppliers.โ€œ
Johannes BonerVP General Counsel at Sappi Europe, Belgium
โ€œWe choose to recommend CDC to our clients due to CDCโ€™s expertise, professionalism and outstanding track record in recovering compensation for companies damaged by cartels.โ€œ
Dr Peter GussonePartner at MJG Law Firm, Germany
โ€œOver the years the decision to recommend CDC to our client has been proved right with multiple successes under the claims. CDC has proved itself a specialist in taking each case all the way to a successful completion.โ€
Ulf DjurbergPartner at Setterwalls Law Firm, Sweden
โ€œIn general, pursuing cartel damages actions with a desired result has proven to be quite challenging, and often also burdensome and costly. From an external counselโ€™s perspective, CDCโ€™s business model has provided the most effective solution for these hindrances.โ€
Teemu TaxellPartner at Merilampi Law Firm, Finland
โ€œCDC proved to be a company with values and very diligent. My client would not have been in a position to quantify the damages sustained as a result of two Europe-wide cartels had it not been for CDC. For all the professionalism and dedication showed, I gladly recommend CDC.โ€œ
Domingos CruzPartner at CCA Ontier Law Firm, Portugal
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CDC Cartel Damage Claims Follow

We obtain optimum compensation for your antitrust damage. #antitrust #competitionlaw

C_D_C_Brussels
c_d_c_brussels CDC Cartel Damage Claims @c_d_c_brussels ·
23 Jul

โœ… ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐จ๐จ๐ญ๐›๐š๐ฅ๐ฅ, ๐œ๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ฅ๐š๐ฐ โ€“ enjoy our latest blog post on Super League, antitrust and damages, written by our guest author Alejandro Martรญnez Luna. ๐Ÿ“๐Ÿ‘‡

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c_d_c_brussels CDC Cartel Damage Claims @c_d_c_brussels ·
2 Feb 2024

๐Ÿ’ก Martin Seegers will participate in panel session on โ€œCollective Actions, Claims Bundling & Claims Aggregation: Approaches across Europeโ€ at the CompLaw Private Enforcement of Competition Law conference (Thursday 8th February 2024, Brussels).

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c_d_c_brussels CDC Cartel Damage Claims @c_d_c_brussels ·
8 Jan 2024

โœ… ๐‚๐š๐ซ๐ญ๐ž๐ฅ-๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐œ๐ก๐š๐ซ๐ ๐ž๐ฌ ๐ญ๐จ ๐›๐ž ๐œ๐จ๐ฆ๐ฉ๐ž๐ง๐ฌ๐š๐ญ๐ž๐ ๐ฆ๐š๐ฒ ๐ง๐จ๐ญ ๐›๐ž ๐ฅ๐ž๐ฌ๐ฌ ๐ญ๐ก๐š๐ง ๐Ÿ“% Carsten Krรผger takes a closer look at this ๐Ÿ“š ๐Ÿ‘จโ€โš–๏ธ ๐Ÿ”
Read more here: ๐Ÿ“๐Ÿ‘‡ https://t.co/4Kaxpgqmm0

#carteldamages #antitrust #privateenforcement #cartels

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