ALERTS : PROCEDURE - LIABILITY MOTHER COMPANY

Liability: The EU Court of Justice confirms a Commission’s decision holding the mother company liable for its subsidiary (Akzo Nobel)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Several direct or indirect subsidiaries of Akzo Nobel had been jointly and severally fined with it for a complex and continuous offence in which the parent company had not itself participated. On the basis of the market share of all the participating companies, the Commission imposed a fine of EUR 20.99 million on the group (EC Commission, 9 Dec. 2004). The subsidiaries had challenged the Commission's imputability criteria before the Court of

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Authors

  • Vogel & Vogel (Paris)
  • Vogel & Vogel (Paris)

Quotation

Louis Vogel, Joseph Vogel, Liability: The EU Court of Justice confirms a Commission’s decision holding the mother company liable for its subsidiary (Akzo Nobel), 10 September 2009, Concurrences N° 4-2009, Art. N° 51984, www.concurrences.com

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