The debate about class action compensation suits (also known as collective redress) for products found to be faulty is to be relaunched by the EU. The aim is to formulate common standards for all of the 27 member states. A paper has been drafted by three EU Commissioners and there will be public consultations in November.
According to the Financial Times some of the issues that are covered in the briefing paper include, financing class action suits, avoiding abusive litigation, including making class actions cheaper than individual claims, enforcing judgments throughout the EU and consensual resolutions through mediation.
At the moment it is very difficult to pursue class action suits in Ireland due to current legislation.