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EU Advocate General seeks to limit director liability for cartel fines

Original: geldbuße

The advocate general at the European Court of Justice has argued that the personal liability of managing directors for cartel fines imposed on their companies should be limited. The opinion addresses how far a 'Betrieb' (the business) can be held responsible through its leadership when competition authorities impose financial penalties for cartel participation.

Why now: The opinion could change how much personal financial risk German and EU company directors face from antitrust fines, a major concern for businesses.

European Court of JusticeAdvocate GeneralEuropean Commission

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Evidence

• EuGH-Generalanwalt begrenzt Geschäftsführerhaftung bei Kartellbußen · Der Betrieb

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