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Apr 06, 2014

Cartel Fines: Liability of Private Equity Funds


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The European Commission has held Goldman Sachs jointly and severally liable for a cartel infringement committed by Prysmian, an Italian cable maker formerly owned by Goldman Sachs’ private equity arm. The decision is a stark reminder that EU competition law allows the corporate veil to be readily pierced and that private equity companies are no exception.

View full memo, Cartel Fines: Liability of Private Equity Funds

Authors and Contributors

Matthew Readings



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