Law And Economics Of Antitrust Damages

Compensation for damage of the Anti-trust Law not only combines a point of private implement and public implement, but also promotes the implement efficiency of the Anti-trust Law. Comparing with other sanctions of the Anti-trust Law, compensation for damage has its special advantages such as encourage the private's sue passion and prevent the monopoly offence. The design object of the compensation for damage of the Anti-trust Law is not making up the past loss but preventing the future injure. If the compensation for damage can deprive the monopoly offenders of their whole profits, monopoly offence can be prevented availably. Lacking of enough awe , compensatory damages doesn't have preventive function, and even form opposite encourage, so punitive damages is essential. The preventive theories of punitive damages is that, allowing each injured executive and consumer request punitive damages which multiple equal the reciprocal of implement mistake, and this theory will resume impetus of effective prevention. Our country just set the Anti-trust Law, but this law has no provision about compensation for damage which will seriously influent its implement efficiency, therefore, build compensation for damage of our country's Anti-trust Law reasonably become a most urgent task.