Damages Directive

The Damages Directive is a European Union law aimed at ensuring that victims of competition law violations—like businesses harmed by anti-competitive practices—can seek compensation. It establishes clear rules for claiming damages, making it easier for affected parties to pursue legal action against companies that engage in unfair competition. The directive promotes effective legal remedies while fostering fair competition in the market. It also encourages businesses to comply with competition rules by increasing accountability and potential financial repercussions for violations. Overall, it aims to protect economic interests and enhance consumer welfare.