The French Supreme Court rejects parent company’s authority and revenue as basis for fines (Historical monuments)

Parents, it turns out, are not always responsible for their children. In a February 18, 2014 decision, the French Supreme Court (la Cour de Cassation) emphasized the need for individualized determinations of civil fines and penalties. The Supreme Court’s decision focused on the interpretation of Article L464-2 of the French Commercial Code. Article L464-2 speaks to the powers of the French Competition Authority (Autorité de la Concurrence) and states, in relevant part: Financial penalties are proportionate to the seriousness of the charges, the extent of the damage caused to the economy, the position of the organization or the sanctioned company or the group to which the company belongs and the possible recurrence of the practices prohibited by this title. The financial penalties are

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Charles N. Insler, The French Supreme Court rejects parent company’s authority and revenue as basis for fines (Historical monuments), 18 February 2014, e-Competitions February 2014, Art. N° 68790

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