ALERTS: PROCEDURES - EUROPEAN UNION - ELECTRICITY - CONSTRUCTION - FINES - CARTEL - GROUP LIABILITY - PRESUMPTION

Liability: The Court of Justice of the European Union confirms the fine imposed on a merchant bank jointly and severally with its subsidiaries for their participation in the electricity cable cartel (Goldman Sachs)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 27 January 2021, the Court of Justice of the European Union delivered its judgment in Case C-595/18 (The Goldman Sachs Group Inc. v. Commission) https://lactu-concurrence.us14.list.... It dismissed the appeal by the merchant bank seeking the annulment of thejudgment of 12 July 2018. by the Court of First Instance of the European Union in Case T-419/14 (The Goldman Sachs Group, Inc v Commission) concerning the cartel of electrical cables. In so doing, the Court of Justice validates the extension of the presumption of effective exercise of decisive influence to the case where a parent company exercises all the voting rights associated with the shares of

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Liability: The Court of Justice of the European Union confirms the fine imposed on a merchant bank jointly and severally with its subsidiaries for their participation in the electricity cable cartel (Goldman Sachs), 27 January 2021, Concurrences N° 2-2021, Art. N° 99001, www.concurrences.com

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