Brussels Regulatory Brief: November 2020 | K&L Gates LLP
ANTITRUST AND COMPETITION The Court of Justice of the European Union Reinforces the European Commission’s Strict Approach on Parental Liability for Antitrust Breaches of Subsidiaries On 28 October 2020, the Court of Justice of the European Union (CJEU) confirmed the General Court of the European Union (GCEU) judgment and the fine imposed by the European Commission (Commission) on a tire manufacturer and its subsidiary on the basis of its long-standing case law on parental liability for cartel activity. In this case, Commission imposed in 2014 a €302 fine on a number of manufacturers o...
Source: jdsupra.com