At the impetus of the European Commission, damage actions following competition proceedings have become more common. In accordance with this evolution, our damage evaluation practice has significantly grown in the last few years.
Some of the cases we have been involved in were about competition-related damages, such as those resulting from cartel overcharges or exclusionary conduct.
We also have experience in damage cases that are related to breach of contract or violation of securities law.
Our input in damage cases often includes the following types of contributions.
The rigorous characterization of counterfactual situations. They constitute the benchmark against which actual outcomes are evaluated, using a combination of economic theory and econometric techniques.
The implementation of sophisticated statistical techniques, such as, for instance, 'event studies' that allow one to identify anomalies in stock prices.