Class Action Debate Re-opened

The debate about class action suits which is also known as collective redress is to be reopened by the European Commission. They are seeking to develop common standards for dealing with compensation for faulty products across the 27 member states in the European Union. A paper has been drafted by three EU commissioners and public consultations will begin in November.

Some of the issues covered in the brief have been revealed by the Financial Times such as financing class action suits, avoiding abusive litigation, making class actions cheaper than individual claims, , consensual resolutions through mediation and enforcing judgements throughout the EU.

Previous attempts at this have failed due to concerns about costs.