Infringement of a subsidiary: The General Court of the European Union considers 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. By Decision C (2012) 1959 final of 28 March 2012 relating to a proceeding under Article 101 TFEU (Case COMP/39462 - Transit) ('the contested decision'), the European Commission found that companies active in the international air transit services sector, including the applicants, UTi Worldwide, Inc. , UTi Nederland BV and UTI Worldwide (UK) Ltd. had participated in various agreements and concerted practices in the international air freight forwarding sector, giving rise to various infringements of Article 101(1) TFEU. It should be noted at the outset that the UTi "Group" consists of UTi Worldwide, a freight forwarding holding company headquartered in the

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.