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DAMAGES ESTIMATION IN THE TRUCKS MARKET

Lear has assisted several Slovak hauliers in the action for damages arising from a collusive price-fixing agreement in the market for medium and heavy trucks, as established by the European Commission.
Lear has been appointed to provide the quantification of damages suffered by claimants who purchased trucks during the period of the infringement. In line with the international best practice on damages quantification, the econometrics analysis developed by Lear provides an estimate of the price effects generated by the trucks cartel. In particular, the price overcharge has been estimated by Lear economist using a “during and after” estimation method through a regression analysis.