A PYMNTS Company

Severing Parent Liability For Cartel Infringements By Employees Of Subsidiaries

BY | April 16, 2010

Laura Atlee, Yves Botteman, Apr 16, 2010 We have previously  discussed the Akzo Nobel case,  in which the European Court of Justice (“ECJ”)  clarified the presumption of joint and several…

Laura Atlee, Yves Botteman, Apr 16, 2010

We have previously  discussed the Akzo Nobel case,  in which the European Court of Justice (“ECJ”)  clarified the presumption of joint and several liability of 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 (the “Commission” or “EC”) fo

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 44.210.99.209

Please verify email or join us to access premium content!