Resource Centre > Glossary > Compensation, damages

Money payable in compensation of a wrong.

Recently, damages actions (also explained elsewhere in this glossary) are being discussed in the context of enforcement of competition law in the EU (Collective Redress, Antitrust Enforcement), and also in the context of collective redress in consumer law (Collective Redress).

See also the ECJ judgements confirming the individual right to damages as part of the EU antitrust law (necessary for effective enforcement of Articles 81 and 82 of the EC Treaty): Courage and Manfredi.

See also: aggravated damages, punitive damages, costs of litigation.