The EU Court of Justice rejects power cables appeal on dawn raid powers and successor liability, and fines the company €104.6M for taking part in an international cartel (Prysmian)

Cuninghame, Neil; Fosselard, Denis

Previous article The EU Court of Justice decides that participation in a bid-rigging cartel ends when the basic characteristics of the contract between the parties are determined (Eltel) Next article The EU Court of Justice dismisses a manufacturing company’s appeal against a fine imposed for the power cable cartel (Prysmian)

24 Sep 2020

The EU Court of Justice rejects power cables appeal on dawn raid powers and successor liability, and fines the company €104.6M for taking part in an international cartel (Prysmian)

KEYWORDS

Reference

EU Court of Justice, Prysmian, Case No. C‑601/18 P, Judgement, 24 September 2020

On 24 September 2020, the European Court of Justice ("ECJ") fully dismissed an appeal brought by Prysmian, therefore upholding the European Commission's ("Commission") decision to fine Prysmian EUR 104.6 million for taking part in an international Power Cable cartel. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS The Commission has the power to take copy-images of data without

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Authors

Neil Cuninghame
Ashurst (London)

United Kingdom 18 contributions 6028 visits
Denis Fosselard
Ashurst (Brussels)

Belgium 45 contributions 45322 visits

Quotation

Neil Cuninghame, Denis Fosselard, The EU Court of Justice rejects power cables appeal on dawn raid powers and successor liability, and fines the company €104.6M for taking part in an international cartel (Prysmian), 24 September 2020, e-Competitions Utilities & Cartels, Art. N° 96954

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