Category: Commentary Elsewhere

A family affair: parental liability for joint ventures

From Competition Bulletin: A family affair: parental liability for joint ventures “It is trite law that a parent company will be liable for antitrust infringements committed by a subsidiary where the parent exercises “decisive influence” over the conduct of the subsidiary. Earlier this year the Court of Justice of the European Union (“CJEU”) illustrated just how difficult it will be for a company to rebut the […]”

Agreements based on Libor are not void (Phew!)

From Competition Bulletin: Agreements based on Libor are not void (Phew!) “This week has brought further news on the Libor interest rate fixing saga, with UK broker ICAP receiving an $87m fine. However, whilst the media spotlight remains on the worldwide regulatory and criminal proceedings, a large number of potential claimants are waiting in the wings to bring private damages claims against those responsible for fixing […]”