The General Court of the European Union recently held, in Goldman Sachs v. Commission, that purely financial investors such as investment funds may be held jointly and severally liable for competition law violations...more
9/25/2018
/ Anticompetitive Behavior ,
Antitrust Violations ,
Appeals ,
Board of Directors ,
Cartels ,
EU ,
European Commission ,
Financial Adviser ,
General Court of the European Union (GCEU) ,
Goldman Sachs ,
Initial Public Offering (IPO) ,
Investment Funds ,
Investors ,
Joint and Several Liability ,
Market-Sharing ,
Parent Corporation ,
Portfolio Companies ,
Private Equity ,
Subsidiaries
Earlier this month, the European Commission imposed fines totaling nearly EUR 302 million on producers of underground and high-voltage power cables, based on allegations that the producers had engaged in illicit market...more