The EU Court of Justice marginally reduces the fine imposed to a parent company in a cartel case to reflect the reduction granted to a subsidiary (Paraffin wax cartel)

On 17 September 2015, the Court of Justice (“ECJ”) issued two judgments on the appeals by Total SA and its wholly-owned subsidiary, Total Marketing Services, against two judgments of the General Court (“GC”) in relation to the paraffin wax cartel. In 2008, the European Commission found that Total SA and Total Marketing Services had participated, along with other undertakings, in a cartel on the EEA paraffin wax market (from 1992 to 2005) and the German slack wax market (from 1997 to 2004). Based on the principle of imputing liability from a subsidiary to its parent

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU Court of Justice marginally reduces the fine imposed to a parent company in a cartel case to reflect the reduction granted to a subsidiary (Paraffin wax cartel), 17 September 2015, e-Competitions Bulletin September 2015, Art. N° 75915

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