CASE COMMENTS: CARTELS – EUROPEAN UNION - ECONOMIC CONTINUITY

Role of leader: The General Court of the European Union confirms the allocation of the liability of a mother company to its subsidiary, even if the latter was constituted only to be sold to another group of companies, but annuls the decision of the Commission due to an error in law regarding the fines (Parker Hannifin)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Will the Tribunal, by delivering its Judgment in the Parker case on 14 July 2016, put an end to the judicial saga concerning the marine pipe cartel? This case will have been the occasion for the judges of Luxembourg (see Trib. UE, 17 May 2013, Parker ITR and Parker-Hannifin, c/ Commission, T-146/09 and CJEU, 14 December 2014, Commission c/ Parker Hannifin Manufacturing and Parker-Hannifin, C-434/14 P) as well as for the authors of this column to come back in detail to the difficulties presented in particular by the application of the criterion of economic continuity in EU competition law in the context of corporate restructuring, whether it takes place

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  • European Court of Justice (Luxembourg)

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Etienne Thomas, Role of leader: The General Court of the European Union confirms the allocation of the liability of a mother company to its subsidiary, even if the latter was constituted only to be sold to another group of companies, but annuls the decision of the Commission due to an error in law regarding the fines (Parker Hannifin), 14 July 2016, Concurrences Nº 4-2016, Art. N° 82041, pp. 89-90

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