Blocking Mergers Unlawfully - Retreat From The High Water Mark In Schneider Electric?

Mondaq Business BriefingUnited Kingdom Law Articles in English (2009)

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Blocking Mergers Unlawfully - Retreat From The High Water Mark In Schneider Electric?

On 22 October 2002, the European Court of First Instance

("CFI") for the first time confirmed that the European

Commission ("Commission") could be tortiously liable in

damages in the event that the Commission blocked a merger

unlawfully. This principle was established in the Schneider

Electric v Commission case that arose out of a decision the

Commission took in October 2001 to prohibit ...

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