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Iveco defeats Italian trucks-cartel claims after EU Commission opinion on quantifying harm

By Tono Gil ( June 29, 2023, 16:24 GMT | Insight) -- Truckmaker Iveco has seen an Italian court reject two damages claims against it thanks to an opinion by the EU competition regulator that says claimants need to make more of an effort to quantify harm suffered as a result of the European trucks cartel. The recent decisions clarify that economic reports are necessary when companies are seeking compensation for an alleged surcharge, and that referring to a European Commission "practical guide" on quantifying damages is not enough.Truckmaker Iveco has seen an Italian court reject two damages claims against it thanks to an opinion by the EU competition regulator that says claimants need to make more of an effort to quantify harm suffered as a result of the European trucks cartel....

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