ALERTS: PROCEDURES - EUROPEAN UNION - GROUP OF UNDERTAKINGS - LEGAL CERTAINTY - LEGALITY OF PENALTIES - PRESUMPTION OF INNOCENCE

Corporate group: The Court of Justice of the European Union confirms that the application of the presumption of the effective exercise of decisive influence by the parent company over its subsidiary does not violate the principle of legal certainty, the principle of legality of penalties or the principle of the presumption of innocence (Italmobiliare)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 15 April 2021, the Court of Justice of the European Union delivered a judgment in case C-694/19 (Italmobiliare and Others v. European Commission). By the terms of the present judgment, the Court dismisses in its entirety the appeal brought by Italmobiliare, the parent company of a group, and by six other applicants belonging to that group. They sought the annulment of thejudgment delivered on 11 July 2019 in Case T-523/15 (Italmobiliare

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Corporate group: The Court of Justice of the European Union confirms that the application of the presumption of the effective exercise of decisive influence by the parent company over its subsidiary does not violate the principle of legal certainty, the principle of legality of penalties or the principle of the presumption of innocence (Italmobiliare), 15 April 2021, Concurrences N° 2-2021, Art. N° 100209, www.concurrences.com

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