ALERT: ANTI-COMPETITIVE PRACTICE - FINE - AMOUNT - LIABILITY OF A PARENT COMPANY FOR THE INFRINGEMENT OF ITS SUBSIDIARY

Fine: The General Court of the European Union reminds the Commission that in a situation where the liability of a parent company is purely derivative of that of its subsidiary and in which no other factor individually distinguishes the conduct for which the parent company is held liable, the liability of that parent company cannot exceed that of its subsidiary (UTi Worldwide)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 29 February 2016, the Court of First Instance of the European Union delivered a series of six judgments in the International Air Transit Services Cartels case. With the exception ofCase T-264/12 (UTi Worldwide, Inc. and others) under which it reduces - marginally - the amount of the fine imposed on the parent company for the conduct of its two subsidiaries so that the liability of that parent company does not exceed that of its two subsidiaries, the Court of First Instance dismisses all the actions brought against the Commission's contested decision: Case T-251/12 (EGL, Inc. and others) ; Case T-254/12 (Kühne + Nagel International AG and others) ;

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Fine: The General Court of the European Union reminds the Commission that in a situation where the liability of a parent company is purely derivative of that of its subsidiary and in which no other factor individually distinguishes the conduct for which the parent company is held liable, the liability of that parent company cannot exceed that of its subsidiary (UTi Worldwide), 29 February 2016, Concurrences N° 2-2016, Art. N° 79661, www.concurrences.com

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