The EU Court of Justice confirms potential of high cartel fines for vertically integrated multinational companies (InnoLux)

EU judgment confirms potential of high cartel fines for vertically integrated multinational companies* On 9 July 2015, the Court of Justice of the European Union (“ECJ”) issued an important judgment concerning the basis on which cartel fines by the European Commission should be calculated for vertically integrated companies. The judgment endorses the power of the European Commission to impose large fines on multinational companies operating at various levels of the manufacturing and supply chain. It confirms that, for the purposes of cartel fine calculation, the Commission may take into account non-EEA sales of cartelized inputs if these inputs have been built into finished products and subsequently sold to a third party in the EEA by a vertically integrated company. The judgment

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  • Latham & Watkins (Brussels)

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Peter Citron, The EU Court of Justice confirms potential of high cartel fines for vertically integrated multinational companies (InnoLux), 9 July 2015, e-Competitions Bulletin July 2015, Art. N° 75194

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