Tag Archives: leniency

Case C-557/12 Kone AG: Cartels, damages and “umbrella pricing”

The Court of Justice’s judgment in Case C-557/12 Kone AG and Others v ÖBB-Infrastruktur AG is an important landmark in reinforcing the efficacy of EU antitrust law. The Court holds that Member States cannot block claims for compensation by victims of “umbrella pricing”, that is to say setting of higher prices by non-cartel members as a result of a cartel.  Continue reading