Collective Redress and Class Actions in Europe: News from Brussels, Paris and London

On 11 June 2013, the European Commission published its recommendation on common principles for collective redress mechanisms in the Member States (click here to view the Recommendation). The aim is "to facilitate access to justice, stop illegal practices and enable injured parties to obtain compensation in mass harm situations caused by violations of rights granted under Union law, while ensuring appropriate procedural safeguards to avoid abusive litigation." The Commission plans to evaluate in two years whether harmonisation is required at EU level. This has important consequences for businesses and in-house counsel. In fact, it is very doubtful whether the increased availability of collective redress mechanisms will "facilitate access to justice". Past experience suggests that the costs associated with collective redress will outweigh the potential benefits for consumers and businesses ...Zum vollständigen Artikel

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