Peter Citron, of Hogan Lovells, Belgium, has alerted today that on the 9th July the ECJ has endorsed the power of the European Commission to impose large fines on multinational companies operating at various levels of the manufacturing and supply chain. It confirms that, for the purposes of cartel fine calculation, the Commission may take into account non-EEA sales of cartelized inputs if these inputs have been built into finished products and subsequently sold to a third party in the EEA by a vertically integrated company.
This case is a prime example of the extra-territorial jurisdiction exercised by the EU when the effects are felt within EU territory (Effects Doctrine). You can read the full summary here.
