Previous business/academic article Next business/academic article
Business Articles Awards > Concerted Practices

Icap v. Commission: General Court Upholds Cartel Liability of Facilitators, but Attempts to Rein in Commission’s Approach in Settlements

Matthew Readings et al., Shearman & Sterling Publications, November 2017

See Matthew Readings's resume See Geert Goeteyn's resume See Elvira Aliende Rodriguez's resume See Ruba Noorali's resume

Click here to read the full article online

On 10 November 2017, the European Union General Court (GC) handed down its judgment in Icap v Commission. The judgment serves as a reminder of the Commission’s ability to impose liability for cartel infringements on “facilitators” as well as on the cartel’s main participants, but equally draws the Commission’s attention to its procedural obligations when it comes to settlement procedures, particularly in hybrid cases. The judgment also restates case law on the establishment of a “by object” infringement of Article 101(1) Treaty on the Functioning of the European Union (TFEU).

Download our brochure