The Development: The European Court of Justice ("ECJ") ruled that parent companies and economic successors can be held liable for damages caused by a subsidiary or acquired company in cartel cases. This significantly broadens...more
4/23/2019
/ Antitrust Provisions ,
Antitrust Violations ,
Cartels ,
Corporate Counsel ,
Corporate Liability ,
Damages ,
EU ,
European Court of Justice (ECJ) ,
Foreign Subsidiaries ,
Liquidation ,
Member State ,
Parent Corporation ,
Treaty on the Functioning of the European Union (TFEU)
On June 6, 2017, Belgium adopted legislation ("Law") transposing the EU directive on private antitrust damages (Directive 2014/104, ("Directive")). The Law became applicable on June 22, 2017, and is expected to boost private...more
8/5/2017
/ Antitrust Violations ,
Belgium ,
Burden of Proof ,
Collective Actions ,
Competition Authorities ,
Damages ,
EU ,
EU Damages Directive ,
Evidence ,
Irrebuttable Presumptions ,
Joint and Several Liability ,
Private Right of Action