Case C-724/17 Vantaan kaupunki v Skanska Industrial Solutions: Transposition of the Concept of an ‘Undertaking’ Into Civil Damages Actions

    View Author November 2019

    On 14 March 2019, the Court of Justice of the European Union delivered a landmark judgment in the Skanska case, holding for the first time that the concept of an undertaking and the related principle of economic continuity apply in the context of damages actions in the same way as for the imposition of fines. The judgment is also notable for the principles that the Court articulated regarding the purpose of cartel damages claims, namely, to both compensate victims and have a deterrent effect.

    This article first appeared in Oxford Journal of Competition Law & Practice (JECLAP) and is reproduced with permission.