EU: Barennes joins CDC Cartel Damage Claims

CDC Cartel Damage Claims announced on Wednesday, January 30, that Marc Barennes has joined its Luxembourg office as Executive Director.

Marc Barennes has been practicing European competition law for more than 17 years from a 360-degree perspective. After joining law firm Latham & Watkins in Brussels and Paris in the early 2000s, he worked for the Cartels Directorate of DG Competition in Brussels before becoming a référendaire (senior legal advisor) at the EU General Court in Luxembourg for more than 12 years.

In these various positions, he has been involved in every step of the investigation, administrative, and judicial stages of some of the most high-profile cartel and State aid procedures in Europe, including cases leading to nine figure fines or recovery orders.

At the Court, he has been involved in more than 350 EU cases. He also lectures on Global Competition Litigation and Litigation Funding in various law schools, including Sciences Po Paris and is a Non-Governmental Advisor for both the European Commission and Luxembourg at the International Competition Network.

Commenting on his new position with CDC, Marc Barennes stated: “I am thrilled to join CDC and start leveraging my experience to the benefit of companies harmed by anticompetitive practices. In my opinion, there is simply no better alternative than CDC on the market today in Europe to service these companies, as it has been structured to optimise compensation for damaged companies while keeping the costs of these complex actions as low as possible. I see it as the best place to continue innovating in the field.”

Dr. Till Schreiber, Managing Director of CDC stated: “Marc is not only an excellent competition lawyer with a truly unique EU litigation experience. With his personality and entrepreneurial spirit, he is in particular a great addition to the terrific CDC team of legal, economic and data experts we have built over the past fifteen years to be the frontrunners of antitrust private enforcement in Europe. Marc will contribute to our pan-European activities while servicing in particular damaged companies based in France and Luxembourg.”