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Allocating Cartel Fines Among Companies of a Group

BY | May 12, 2011

Laura Atlee, Yves Botteman, May 12, 2011 We have previously discussed the Akzo Nobel Chemicals case, in which the Court of Justice of the European Union (formerly European Court of Justice) continued to…

Laura Atlee, Yves Botteman, May 12, 2011

We have previously discussed the Akzo Nobel Chemicals case, in which the Court of Justice of the European Union (formerly European Court of Justice) continued to attribute joint and several liability to parent companies for cartel infringements committed by their wholly owned subsidiaries. The attribution of liability has major implications for the amount-up to 10 percent of global turnover-and payment of any fines imposed by the European Commission (

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