The EU Court of Justice dismisses an appeal seeking to set aside an earlier judgement by the General Court sanctioning a cartel of manufacturers of power cables (Verwaltungs)

On 14 November 2019, the European Court of Justice ("ECJ") dismissed the appeal in case C-599/18 P brought by Silec Cable ("Silec"), which sought to set aside an earlier judgment by the General Court upholding the European Commission's ("Commission") power cables decision. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS It is well-established that competition authorities may fine parent companies for the conduct of their subsidiaries during the period in which they formed part of the same undertaking. Public