On 3 January 2018, a new Law for Amendment and Supplementation ("New Law") of the Competition Protection Act ("CPA") was published in the Bulgarian Official Gazette. The New Law implements the European Directive 2014/104/EU of 26 November 2014 on certain rules governing actions for damages under national law for infringements of national or EU competition law (the "Damages Directive"). EU Member States were required to implement the Damages Directive in their national legal systems by 27 December 2016.
The Damages Directive was adopted with the aim to facilitate obtaining compensation for infringements of EU or national competition law, by harmonizing relevant provisions in the EU Member States. In particular, the Damages Directive envisaged easier access to evidence needed to prove suffered damages or provides for longer statutes of limitations to benefit potential claimants.
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