Collective redress

What is collective redress?

In the context of competition law cases, collective redress is often used to provide compensation for harm caused by anti-competitive practices, such as price-fixing, market manipulation, or abuse of a dominant market position. Collective redress can provide a more efficient and effective solution for victims of competition law violations, allowing them to seek compensation for harm caused by the same defendant, without having to pursue separate lawsuits.

How does collective redress work?

Collective redress competition cases may involve multiple claimants seeking compensation for harm caused by a single defendant, and can be initiated by consumer organizations, trade associations, or other representative bodies. The process of collective redress can vary depending on the jurisdiction and the specific competition law framework, but typically involves the creation of a representative action, where one or more individuals are authorized to act on behalf of the group.

What is the benefit collective redress?

Collective redress is an important tool for promoting competition, protecting consumers, and promoting the enforcement of competition law, and is becoming increasingly common in many jurisdictions around the world.