By a judgment hand down in the Marine Harvest case , the Court of Justice of the EU (CJEU) rejected the appeal brought against a judgment of the General Court (GC) . This way, the CJEU also upheld a previous decision the European Commission, that was appealed to the GC, by which the Commission found a gun jumping practice . The facts of the case By the share purchase agreement (SPA) concluded on 14 December 2012, a producer and processor of salmon, Mowi ASA (Mowi), previously known as Marine Harvest, purchased from Friendmall Ltd (Friendmall) and Bazmonta Holding Ltd (Bazmonta) their shareholdings in a competing producer and processor of salmon, Morpol ASA (Morpol). Friendmall and Bazonta were owned by a single individual who was the founder and CEO of Morpol. With the SPA
The EU Court of Justice confirms the Commission’s gun jumping findings (Marine Harvest)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.