Conference: "Reparation for competitive harm in France and in Europe: current status and future changes"
Laurent Benzoni, President of TERA Consultants and Professor at the Panthéon- Assas University, participated in the roundtable "What is the notion of reparation? Who are responsible?” of the conference, organised by the Master programme of Contract and Competition Law at the University of Versailles.
The presentation by Laurent Benzoni proposed an approach to reparation for competitive harm based on an economic analysis of the law. He thus argued that in order for competition policy to be effective, the gains from the harm must be lower than the cost of fines and damages paid to the victims. The discussion focused on the measures that would serve to achieve the following objectives:
- Class action with "opt out"
- Punitive damages
- Stronger sanctions
- Removal of the "pass-on defense" argument? etc.