Innovation is seeing
what everybody has
seen and thinking what
nobody has thought.
Innovation is seeing what everybody has seen and thinking what nobody has thought.
CDC Cartel Damage Claims has been a leader in obtaining compensation for competition law infringements since 2002. Contributing to our success are our innovative solutions for antitrust claims and the ongoing development of new projects and strategies that provide the greatest value for damages companies. Three examples of our innovations and projects include:
CDC pioneered the method of aggregating claims from multiple damaged companies into one legal action. We then take this bundled claim to court in our own name and at our own cost and risk. This innovative solution has ever since been known by experts as the “CDC Bundling Model”. Other players entering the market in more recent times attempt to copy this model.
Our bundling model helps to overcome the considerable information asymmetries that exist between cartelists and damaged companies. This aggregated approach enables compensation claims based on market-wide data while simultaneously ensuring that competition rules are respected. The data and information gathered from damaged companies remain securely and confidentially stored in CDC’s possession.
Through our bundling model, CDC obtains access to detailed market-wide information on the supply and demand characteristics of the market in question. This includes specific data such as prices, rebates, discounts, delivery costs, purchasing contracts and product or service specifications. We use this data to create a clean and comprehensive database capturing all relevant aspects of the market. A database as such is fundamental to antitrust claims and individual claimants often lack the ability or data to compile such a market-wide database, particularly in relation to Europe-wide infringements. Our integrated approach of bundling strengthens the bargaining power in negotiations and increases pressure on cartelists to provide full compensation for the harm caused.