The Spanish High Court rules that the constitutional principle of the individual nature of penalties precludes a parent company from being held to be the perpetrator of anti-competitive practices on the market in the motor fuels market solely because of its shareholding in the capital of its subsidiary (Repsol)

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Reference

Spanish High Court, Repsol, Case No. 7/2015, 28 July 2017 (Spanish)

The High Court has upheld the appeal filed by Repsol S.A. (Repsol or Parent Company) against the decision of the NMCC declaring the Parent Company guilty of conduct carried out by its subsidiary Repsol Comercial de Productos Petrolíferos, S.A. (Subsidiary)

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  • Callol, Coca & Asociados (Madrid)
    Spain 169 contributions 45124 visits

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Pedro Callol, The Spanish High Court rules that the constitutional principle of the individual nature of penalties precludes a parent company from being held to be the perpetrator of anti-competitive practices on the market in the motor fuels market solely because of its shareholding in the capital of its subsidiary (Repsol), 28 July 2017, e-Competitions July 2017, Art. N° 96437

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