On 7 July 2016, the European Commission adopted a decision accepting commitments by 14 shipping liner companies to change their practices concerning announcements of intended price increases for containerised shipping services. The Commission considered that these announcements were anti-competitive and resulted in higher prices for container liner shipping services, thereby harming customers. (more…)
European General Court Confirms Parental Liability For Competition Law Infringements by 50:50 Joint Ventures
The European General Court (GC) has confirmed a European Commission decision to hold chemical companies EI du Pont de Nemours and Dow Chemical jointly and severally liable for a fine imposed on their 50:50 joint venture (JV) for an infringement of European competition law (EI du Pont de Nemours and Company v Commission T-76/08 and The Dow Chemical Company v Commission T-77/08). In light of this judgment, parent companies would be well advised to check that their 50:50 JVs are compliant with EU competition rules.
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McDermott Will & Emery’s International News, Issue 2, 2010, covers a range of legal developments of interest to those operating internationally. This issue focuses on Antitrust and Competition.
In this issue…
- Merger Control: Gun Jumping Goes Global
- International Cartel Enforcement: On the Rise and More Severe
- China’s Anti-Monopoly Law: Experience and Lessons Learned After Two Years
- Antitrust Enforcement Under the Obama Administration: One Year Later
- Class Actions: An EU Update
- Information Sharing under EU Competition Law: Handle with Care
The full issue can be found at: https://www.mwe.com/info/news/int0210.htm.