The EU Court of Justice upholds a fine after affirming caselaw that a parent company may be held jointly and severally liable for: allocating markets and customers, price fixing, bid rigging and sharing commercially sensitive information (Italmobiliare)

On 24 June 2015, the EC fined 10 manufacturers of retail food packaging trays a total of EUR 115.8 million for having participated in a single and continuous infringement consisting of five separate cartels aimed at fixing prices, allocating customers and markets, bid-rigging and exchanging commercially sensitive information. The cartels took place between 2000 and 2008 in five different geographical regions within the EEA, namely Italy, South-West Europe (covering Spain and Portugal), France, Central and Eastern Europe (covering Poland, Slovakia, Czech Republic and Hungary), and North-West Europe (covering Belgium, Denmark, Finland. Germany, Luxembourg, the Netherlands, Norway and Sweden). The EC carried out unannounced inspections on 4 and 6 June 2008 following an immunity

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  • McDermott Will & Emery (Paris)
  • McDermott Will & Emery (Washington)

Quotation

Frédéric Pradelles, Mary Hecht, The EU Court of Justice upholds a fine after affirming caselaw that a parent company may be held jointly and severally liable for: allocating markets and customers, price fixing, bid rigging and sharing commercially sensitive information (Italmobiliare), 15 April 2021, e-Competitions April 2021, Art. N° 106576

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