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Business Articles Awards > Concerted Practices

Facilitating a Cartel May Lead to Substantial Fines for Firms Even If They Are Not Active on the Affected Market

Stephen C. Mavroghenis, Trevor Soames, Geert Goeteyn, and Collette Rawnsley. Shearman & Sterling Client Publication, October 2015

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The Court of Justice has confirmed that consultancy firms may be held liable and fined for cartel infringements where they contribute to the implementation and continuation of cartels even if they are not active on the affected market(s).

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