The European Court of Justice finds that a parent company had been correctly identified by the Commission as jointly and severally liable for the actions of certain of its 100 per cent subsidiaries involved in the global cartel concerning choline chloride (Akzo Nobel)

On 10 September 2009, the European Court of Justice (ECJ) in Case C-97/08P found that Akzo Nobel had been correctly identified by the Commission as jointly and severally liable for the actions of certain of its 100 per cent subsidiaries involved in the global and EEA wide cartel concerning choline chloride (a water soluble form of Vitamin B4 used as an animal feed additive). The Akzo companies involved in the cartel, a successor subsidiary, and the ultimate parent company were together fined a total of €20.99m, calculated on the basis of Akzo Nobel's worldwide

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  • Simmons & Simmons (London)

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Tony Woodgate, The European Court of Justice finds that a parent company had been correctly identified by the Commission as jointly and severally liable for the actions of certain of its 100 per cent subsidiaries involved in the global cartel concerning choline chloride (Akzo Nobel), 10 September 2009, e-Competitions September 2009, Art. N° 77291

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