A 5% Overcharge as Minimum Damages for Antitrust Violations?! Recent Developments in Europe

Courts throughout Europe increasingly adopt a minimum damages approach in antitrust cases, unanimously presuming at least a 5% overcharge, driven by grounds of compensation, effectiveness and deterrence. Recent judgments – from the CAT (UK) to the Spanish Supreme Court, Norway’s courts, the Court of Appeal in Stuttgart, the Dieselgate rulings of the German and Austrian Supreme Courts, and finally the European Court of Justice – point to a converging practice and a structured approach to quantifying damages across the EU.

Read More

Spanish Supreme Court confirms overcharge in excess of 10% in the trucks cartel: key takeaways from judgment STS 5861/2025

The Supreme Court Judgment STS 5861/2025 of 18 December 2025 represents a significant development in damages litigation arising from the trucks cartel in Spain. The Supreme Court has fully dismissed the appeals brought by Renault Trucks S.A.S., reinforcing a clear judicial trend towards an effective and adequate compensation of anticompetitive harm, based on the facts […]

Read More

Dairy Cartel – the next level of private antitrust enforcement: Commercial Court No. 14 of Madrid finds a 9.4% undercharge

On 16 October 2025, Commercial Court No. 14 of Madrid delivered a judgment[1] of notable relevance in the well-known Spanish Dairy Cartel case. The decision, issued by Judge Ms Carmen González Suárez in Ordinary Proceedings No. 588/2022, partially upheld a private damage claim brought against Grupo Lactalis Iberia, S.A. (Lactalis) and Industrias Lácteas de Granada, […]

Read More

The CJEU strengthens cartel victims’ rights: a landmark ruling on limitation periods

The Court of Justice of the European Union (CJEU) on 4 September 2025 has issued a landmark ruling in Case C-21/24, CP v. Nissan Iberia, which strengthens the position of cartel victims, not only in Spain but across the European Union. This preliminary ruling decision, following a referral by the Commercial Court No. 1 of […]

Read More

The Spanish Supreme Court Consolidates Key Aspects on Cartel Damages: A Landmark Judgment in the Envelopes Case

On June 5, 2025, the Spanish Supreme Court issued a ruling that marks a milestone in private competition law enforcement in Spain. The judgment — STS 2621/2025 — resolves the appeal brought by the Partido Socialista Obrero Español (PSOE) against several companies in the paper envelope sector — namely Printeos, Tompla, and Maespa — which had been fined in 2013 by the Comisión Nacional de los Mercados y la Competencia (CNMC) for participating in a cartel (case S/0316/10).

Read More

Advocate General Medina’s opinion on when the limitation clock starts ticking

Can a damages claim for cartel conduct be time-barred if it was filed before the conclusion of the national infringement decision’s judicial review? Advocate General Medina’s Opinion in C 21/24 CP v Nissan Iberia offers a clear answer: limitation periods cannot begin until the existence of the infringement can be relied upon in court. A position that could reshape the landscape of follow-on litigation across the EU.

Read More

EUROPEAN SUPERLEAGUE: ANALYSIS OF THE JUDGEMENT

1. Introduction At the beginning of 2021, the sports leaders of some of the most influential clubs in Europe, led by the presidents of Real Madrid and FC Barcelona, Florentino Pérez and Joan Laporta, announced the European Super League project. This international competition threatened to rival the well-known UEFA Champions League and disrupt the rigid […]

Read More

Tribunal Supremo on trucks cartel, judicial estimation after Tráficos Manuel Ferrer: Judges can estimate without prior disclosure, judicial estimate of 5% overcharge confirmed

In a bundle of 15 cassation judgments, the Tribunal Supremo, the highest civil court in Spain, rules on important questions concerning the ability of the judge to estimate the damage, the need for prior inter partes disclosure, proportionality, and standards for economic expert opinions. The Tribunal does so against the background of the European trucks cartel, the same case that prompted the preliminary ruling in Tráficos Manuel Ferrer. The Tribunal largely upholds the findings of the appellate courts and strengthens the ability of judges to estimate damage. The court also rules, among other questions, on the accrual of interest and limitation.

Read More

Tráficos Manuel Ferrer – a warning to claimants and defendants alike

Shortly after the publication of the Tráficos Manuel Ferrer judgment by the Court of Justice of the European Union (CJEU) in response to a request for a preliminary ruling (16 February 2023), the judge from the Valencia court who had referred the questions to the CJEU delivered his judgment in the same case (10 March 2023). This blog post analyses the key points of the Valencia court judgment concerning economic expert reports.

Read More

Trucks cartel: New CJEU landmark judgement empowers victims of antitrust infringements with the right to request ex novo documents, created by the defendants (C-163/21, PACCAR e.a.)

On 10 November 2022, the EU Court of Justice rendered another key judgment in relation to the series of damages proceedings brought in Spain against participants in the European Trucks Cartel. This judgment on the interpretation of Art. 5(1) of the Damages Directive clarifies the wide scope of evidence to which claimants can request access to substantiate potential damages claims. The judgment further strengthens the effectiveness of private enforcement of EU competition rules and should have a positive impact on the whole wave of compensation claims against truck manufacturers in Europe.

Read More