Key Judgment in Banking Cartel Case Upholds Consumer Claims

The recent judgment in the Public Enforcement case (225/15.4YUSTR-W) concerning the Banking Cartel represents a pivotal moment in the ongoing legal battle. The court upheld the position of the Court of Justice of the European Union (CJEU), which aligned with the Competition Authority's stance, that the exchange of information between banks constituted to a restriction of competition. This ruling strengthens the case for consumers affected by unfair loan practices and reinforces the importance of accountability within the banking sector.

For a deeper dive into the implications of this ruling and how it impacts the ongoing claims, explore the links to related news articles below. These articles provide insights into the court’s decision, the reactions from consumer protection groups, and what this means for individuals pursuing compensation from the banks involved in the cartel.

2024.09.20 - Notícias ao minuto

2024.09.21 Público - Cartel foi muito grave e lesou clientes mas bancos não se arrependeram

2024.09.22- Marques Mendes - Jornal de Negócios

2024.09.24 - Opinião Camilo Lourenço

2024.09.24 Publico Bancos agiam em “circuito fechado”

2024.09.26 Visão Depois da concorrência chega a vez dos processos dos clientes