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Clifford Chance

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Parents' liability for EU antitrust breaches of joint ventures confirmed

4 October 2013

The European Court of Justice has confirmed, in two recent judgments, that parents can be held liable for infringements of the EU antitrust rules committed by joint ventures over which they exercise decisive influence.  Such influence may exist even if the parent did not participate in the breach, knew nothing about the joint venture's infringing conduct, and could only veto - but not determine - strategic business decisions of the joint venture.  

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