The Higher Regional Court in Düsseldorf yesterday dismissed an action for damages of €1.1 billion brought by GN Store Nord against the German Federal Cartel Office. The judgment sheds some light on the possibility for companies to claim damages in the context of an unlawful prohibition of a proposed merger.
German Court Rejects National Competition Authority Liability for Damages After Unlawful Prohibition of a Merger
By Emily Townsend on March 27, 2014
Posted In German Developments, Mergers & Acquisitions