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Image header Agence Europe
Europe Daily Bulletin No. 9944
Contents Publication in full By article 20 / 37
GENERAL NEWS / (eu) eu/court of justice

Commission not liable for losses sustained by Schneider

Brussels, 16/07/2009 (Agence Europe) - On Thursday 16 July, the Court of Justice of the European Communities ruled that the Commission could not be held responsible for the losses sustained by French firm Schneider Electric through its having to divest itself of the Legrand company (case C-440/07P). However, the Commission will have to pay electrical goods company Schneider compensation for the administrative costs incurred in the opening of a second merger control procedure. The acquisition...

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