Abstract

The General Court ruled that a pure financial holding company without exercising actual decisive influence cannot be held liable. The General Court accepted in this case that the European Commission (Commission) based its test for the assessment of parental liability on a ‘dual basis’, namely whether the parent company was in a position to exercise decisive influence, and whether there was additional evidence demonstrating actual exercise of decisive influence.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.