Brussels, 06/06/2014 (Agence Europe) - Where a cartel causes leading competitors to raise their prices, the members of the cartel may be held liable for the losses caused as a result, even if there is no contractual link with the members of the cartel.
That was the ruling in case C-557/12 on Thursday 5 June by the European Court of Justice in response to questions raised by the Austrian Supreme Court. Following a 2007 cartel case in which the European Commission levied fines that were later...