European Union:
Parental Liability For EU Antitrust Infringements: New And Broad Frontiers
22 August 2019
Shearman & Sterling LLP
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The European Union (EU) antitrust law concepts of
‘undertaking’ and ‘single economic entity’
allow fines to be imposed on parent entities of subsidiaries
involved in cartel conduct, even where the parent was not itself
involved or aware of the cartel. Recent case law developments in
the cartels sphere have materially extended the circumstances in
which such fines can be imposed on parents.
Read this chapter in Shearman &
Sterling’s 2019 Antitrust Annual Report, “Parental
Liability for EU Antitrust Infringements: New and Broad
Frontiers.”
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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