CASE COMMENTS: CARTELS – EUROPEAN UNION – ECONOMIC IDENTITY – PARENTAL LIABILITY

Single and continuous infringement: The General Court of the European Union rejects, in the saga of pre-stressing cartel, the appeal brought by four Spanish companies and applies again the concept of single economic entity to retain the liability of the parent company (Moreda-Riviere Trefilerías, Trefilerías Quijano, Trenzas y Cables de Acero PSC and Global Steel Wire)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 30 June 2010, the European Commission sanctioned nearly twenty companies for taking part in a cartel in the prestressing steel sector, which dates back to the 1980s and only ended in September 2002. For the record, the first information on this cartel was sent to the European Commission in January 2002 by the Bundeskartellamt, which was informed of a case pending before a local German labour court in which an employee of one of the companies involved claimed to have been involved in a large cartel. Lesson for cartel members: think twice before firing an employee with compromising information... A "classic" agreement, with numerous ramifications and

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Anne-Sophie Choné-Grimaldi, Single and continuous infringement: The General Court of the European Union rejects, in the saga of pre-stressing cartel, the appeal brought by four Spanish companies and applies again the concept of single economic entity to retain the liability of the parent company (Moreda-Riviere Trefilerías, Trefilerías Quijano, Trenzas y Cables de Acero PSC and Global Steel Wire), 1 September 2016, Concurrences Nº 3-2016, Art. N° 80804, pp. 59-61

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