Antitrust class action statistics
Some interesting stats buried in a law and economics article on a normative critique of private antitrust class actions:
The overwhelming bulk of federal antitrust suits (92%) are brought by private parties.
Only 9% of private antirust suits are follow-on cases to government enforcement actions, i.e., the overwhelming majority of private antitrust action are for harms that the government mostly isn’t* addressing.
Average attorney contingency fee percentage is 25% (compared to the typical contingent fee percentage of 33% to 40% in individual litigation).Fees were about 38% for recoveries below $1.1 million and 12% of recoveries over $175 million.
Choi, Albert H. and Sprier, Kathryn E., "Class Actions and Private Antitrust Litigation" (2020). Law & Economics Working Papers. 180. https://repository.law.umich.edu/law_econ_current/180