Foreword |
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xv | |
Acknowledgements |
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xvii | |
Introduction |
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1 | (4) |
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Chapter 1 The Single Economic Entity Doctrine as an Essential Criterion for the Application of Antitrust Law on a Corporate Group |
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5 | (24) |
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§1.01 Issue of Discussion |
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5 | (3) |
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§1.02 Problem Assignment: The Contested Facts of a `Single Economic Entity' |
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8 | (13) |
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[ A] The `Group-or Concern Privilege' under Article 101(1) TFEU |
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9 | (2) |
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[ B] The Determination of a `Single Economic Entity' |
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11 | (4) |
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[ C] The Application of the Concept of a `Single Economic Entity' for the Attribution of Liability |
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15 | (6) |
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§1.03 Terminological Determinations |
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21 | (8) |
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[ A] Affiliated Undertakings, Corporate Groups, Concerns |
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21 | (2) |
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23 | (3) |
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26 | (3) |
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Chapter 2 The Implementation of Article 101(1) TFEU on a Corporate Group of Companies: Practice of the Commission and the European Courts |
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29 | (96) |
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§2.01 The Intra Enterprise Doctrine or `Group Privilege' as Original Basis for the Assumption of an `Economic Entity' |
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34 | (16) |
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[ A] Initial Decisions Recognizing the Distinctiveness of Group-Intern Agreements |
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34 | (1) |
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[ 1] The Primary Decision of `Christiani & Nielsen' |
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34 | (2) |
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[ 2] Further Cases Substantiating the `Group-Privilege' |
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36 | (1) |
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36 | (2) |
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[ b] Beguelin Import Co. v. S.A.G.L. Import Export |
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38 | (1) |
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39 | (2) |
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[ B] Subsequent Adjudication Leading to the Current Position of Assessing Agreements between Affiliated Companies |
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41 | (1) |
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[ 1] The Classification of a `Single Economic Entity' |
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41 | (1) |
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[ a] Hydrotherm Geratebau GmbH v. Ing. Mario Andreoli |
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41 | (3) |
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[ b] Corinne Bodson v. S.A. Pompes Funebres des Regions Liberies |
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44 | (1) |
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[ i] The Decision of Viho Constituting the Status Quo of European Case Law on Intra-group Agreements |
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45 | (5) |
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§2.02 The Concept of a `Single Economic Entity' and the Attribution of Antitrust Responsibility |
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50 | (75) |
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[ A] The Employment of the Concept of a `Single Economic Entity' for the Issue of Attributing Conduct between Companies of a Corporate Group |
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51 | (1) |
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[ 1] The Development of Attributing Liability in European Competition Law |
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51 | (1) |
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[ a] Imperial Chemical Industries Ltd. and Others |
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51 | (4) |
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[ b] Istituto Chemioterapico Italiano S.p.A. and Commercial Solvents |
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55 | (3) |
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[ 2] The Concept of an `Economic Entity' Requiring a Certain Level of Corporate Integration: Distinction of the Objectives of Article 101 and Article 102 TFEU |
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58 | (1) |
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[ a] Ahmed Saeed Flugreisen & Silver Line Reisebiiro GmbH |
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58 | (2) |
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[ b] Societa Italiana Vetro SpA v. EC Commission |
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60 | (2) |
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[ B] The Development of a Legal Presumption for Wholly Owned Subsidiaries Leading to an Ambiguous Standard of Attributing Liability |
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62 | (1) |
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[ 1] The `Belt and Braces' Approach to Antitrust Liability |
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62 | (1) |
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[ a] AEG-Telefunken v. EC Commission |
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62 | (4) |
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[ b] Stora Kopparsberg Bergslag AB v. EC Commission |
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66 | (4) |
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[ c] Assessment of the Stora-Decision in Subsequent European Practice |
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70 | (1) |
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[ i] The Burden of Proving `Decisive Influence' |
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70 | (3) |
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[ ii] The Ascertainment of the Correct Legal Entity in a Group of Companies |
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73 | (4) |
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[ iii] The Assessment of Indicia Pointing to `Decisive Influence' |
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77 | (2) |
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[ iv] The Parent Company's Rights of Defense |
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79 | (2) |
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[ d] Assessment of European Practice Following `Stora' under Principles of Corporate Law |
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81 | (3) |
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[ i] The Principles of Corporate `Entity Law' |
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84 | (2) |
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[ ii] The Concept of `Piercing the Corporate Veil' |
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86 | (2) |
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[ iii] The Criteria Parent Companies Have Relied on in an Attempt to Rebut the `Stora Presumption' |
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88 | (1) |
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[ iv] The Ambiguity of the `Stora-Presumption' |
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89 | (4) |
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[ 2] The ECJ's Judgment in the Case of Akzo Nobel |
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93 | (1) |
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93 | (9) |
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[ b] Assessment of the Court's Ruling |
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102 | (1) |
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[ i] Review of the Necessity of Additional Criteria Pointing to the Existence of `Decisive Influence' |
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102 | (3) |
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[ ii] The `Rebuttable Presumption' for Wholly Owned Subsidiaries |
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105 | (3) |
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[ iii] The Necessity of Considering General Legal Principles |
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108 | (5) |
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[ iv] The Ambiguity of the Current Mode of Assessing `Parental Responsibility' |
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113 | (2) |
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[ v] Assessment on the Basis of General Legal Principles |
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115 | (3) |
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[ vi] The Legal Consequences of an Extensive Application of the `Single Economic Entity' Doctrine |
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118 | (7) |
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Chapter 3 The `Single Economic Entity' Doctrine: An Assessment of `Privileges and Responsibility' in a Corporate Group |
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125 | (78) |
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§3.01 The Classification of the `Single Economic Entity Doctrine' |
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134 | (36) |
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[ A] Assessment of an `Economic Entity' under the Facts of Article 101 TFEU |
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137 | (1) |
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[ 1] The Fact of `Agreements or Concerted Practices' |
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138 | (5) |
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[ 2] The Fact of an `Undertaking' in the Sense of Article 101(1) TFEU |
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143 | (2) |
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[ a] Legal Personality as a Precondition of an `Undertaking' |
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145 | (1) |
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[ b] The Requirement of an Autonomous `Entity' with Legal Personality as an Addressee of Article 101(1) TFEU |
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146 | (1) |
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[ i] Independent Entities as Addressees of Article 101 TFEU |
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147 | (1) |
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[ ii] The Term `Undertaking' in European Competition Law |
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148 | (2) |
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[ iii] The Danger of a Two-Tiered Definition of an Undertaking |
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150 | (1) |
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[ c] The Ambivalent Criteria of an `Economic Entity' under Current European Practice |
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151 | (1) |
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[ i] The Practice of Equalizing `Economic Entities' with a Unitary Undertaking |
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151 | (1) |
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[ ii] The Notion of `Control' Requires a Differentiated Assessment |
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152 | (1) |
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153 | (1) |
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[ iv] Criticism of the Current Practice |
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154 | (1) |
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[ v] The Assessment of Commercial Agents |
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155 | (2) |
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157 | (1) |
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[ 3] The Fact of `Distortions to Competition' |
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158 | (1) |
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[ a] The Structure and Purpose of a `Prevention, Restriction or Distortion to Competition' |
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159 | (1) |
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[ i] The Objective of the Competition Principles |
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160 | (1) |
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[ ii] The Concept of Competition |
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160 | (1) |
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[ b] The Protection of Economic Freedom and Competition |
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161 | (1) |
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[ i] The Postulate of Economic Autonomy |
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162 | (2) |
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[ ii] The Concept of `Workable Competition' |
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164 | (1) |
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[ iii] The Protection of a Company's Freedom of Action |
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165 | (2) |
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[ c] Critical Assessment of the `Single Economic Entity'-Doctrine upon the Postulate of `Corporate Autonomy' |
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167 | (1) |
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[ i] The Position of Third Companies on the Market |
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167 | (1) |
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[ ii] The Necessity of a More Economic Approach |
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168 | (1) |
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[ iii] The Requirement of a Competitive Relationship |
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169 | (1) |
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§3.02 The Notion of `Control' in the Context of a `Single Economic Entity' |
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170 | (12) |
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[ A] Comparison to the Concept of `Control' under the European Merger Regulation |
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174 | (1) |
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[ 1] The Definition of Control under the European Merger Regulation |
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175 | (1) |
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[ 2] The Restriction of a Company's Economic Autonomy |
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176 | (1) |
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[ 3] The Modes of Exerting `Decisive Influence' |
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177 | (1) |
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[ B] The Commission's Approach under the Merger Regulation |
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177 | (1) |
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[ C] Elements Pointing to the Existence of `Decisive Influence' |
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178 | (1) |
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[ 1] The Requirement of Structural Links |
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179 | (1) |
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[ 2] The Necessity of `Decisive Influence' for a Certain Time Period |
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180 | (1) |
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[ 3] Similar Approach under U.S. Antitrust Law |
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181 | (1) |
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§3.03 The Requisite Degree of `Control' |
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182 | (15) |
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[ A] Potential versus Actual Control: A Uniform Application of the `Single Economic Entity Doctrine' |
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185 | (1) |
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[ 1] Assessment with Regard to Group-Intern Agreements |
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185 | (2) |
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[ 2] Assessment with Regard to Attributing Responsibility |
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187 | (1) |
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[ a] The Commission's Approach |
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187 | (1) |
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[ b] The Principle of Limited Liability |
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188 | (1) |
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[ c] The Preconditions of Article 23 Reg. No. 1/2003 |
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189 | (1) |
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[ B] The Relevant Factors for Determining `Control' |
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190 | (1) |
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[ 1] Criteria Mentioned in European Case Law |
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191 | (2) |
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[ 2] The Necessity of an Actual Exertion of Decisive Influence |
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193 | (1) |
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[ 3] The Distribution of the Burden of Proof |
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194 | (1) |
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[ C] General Policy Considerations |
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195 | (1) |
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[ 1] The Requirement of a Positive Legal Basis for Attributing Liability |
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195 | (1) |
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[ 2] The Upper Limit of Fines |
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196 | (1) |
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[ 3] Determining Liability under the Principle of Organizational Negligence |
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196 | (1) |
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§3.04 The Assessment of `Joint Control' |
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197 | (6) |
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Chapter 4 Intermediate Result |
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203 | (2) |
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Chapter 5 The Concept of Corporate Liability |
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205 | (22) |
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§5.01 The Standard of `Legal Separation' under Corporate Entity Law |
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205 | (5) |
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[ A] The Principle of `Limited Liability' and the Consideration of `Enterprise Principles' |
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206 | (1) |
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[ 1] The Standard of `Limited Liability' |
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206 | (1) |
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[ 2] The Consideration of Subsidiary Companies |
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206 | (1) |
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[ 3] Attributing Liability under Enterprise Law |
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207 | (2) |
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[ B] The Standard of `Organizational Autonomy' |
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209 | (1) |
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§5.02 Employing the Standard for Attributing Liability in European Antitrust Law |
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210 | (17) |
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[ A] The Consideration of Corporate Affiliations |
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210 | (1) |
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211 | (1) |
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[ 2] The Court's Role in Determining Antitrust Liability |
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212 | (1) |
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[ 3] Applying the Concept of Corporate Control under the ECMR |
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213 | (1) |
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[ B] The Respective Business Areas in Which Parental `Control' May Lead to the Assumption of an Actual Exertion of `Decisive Influence' |
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214 | (1) |
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[ 1] The Case of a Single Legal Representation |
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215 | (4) |
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[ 2] The Existence of a Common Commercial Strategy or Financial Dependence |
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219 | (3) |
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[ 3] Influence on the Operative or Personal Level |
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222 | (2) |
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224 | (3) |
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Chapter 6 An Assessment of Corporate Group Liability on the Basis of `Organizational Autonomy' |
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227 | (42) |
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§6.01 The Consideration of Compliance Efforts under Current Procedural Standards of European Competition Law |
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229 | (18) |
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[ A] The Insufficient Identification of `Personal Liability' in European Competition Law |
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230 | (1) |
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230 | (1) |
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231 | (2) |
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[ B] The Significance of `Corporate Compliance Measures' in Setting Fines on `Controlling' Companies |
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233 | (1) |
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[ 1] The Preventive Value and Efficiency of Antitrust Compliance Programs |
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234 | (1) |
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[ 2] The Commission's Ambiguous Approach to Antitrust Compliance Measures |
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235 | (2) |
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[ a] The Standard of Intent or Negligence |
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237 | (2) |
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[ b] The Aspect of Prevention |
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239 | (2) |
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[ c] Dogmatic Inconsistency towards Leniency |
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241 | (1) |
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[ 3] The Possibility of a `Compliance Defense' |
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242 | (1) |
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[ a] The Commission's Burden of Proof |
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243 | (1) |
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[ b] The Duty to Review another Company's Conduct |
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244 | (1) |
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[ c] Reversal of the Burden of Proof for Compliance Programs |
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245 | (1) |
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246 | (1) |
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§6.02 The Consideration of Compliance Measures: A Harmonization of Antitrust Jurisdictions |
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247 | (22) |
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[ A] The Extension of Jurisdiction in Antitrust Matters and the Principles of International Law |
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248 | (2) |
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[ 1] The `Effects Doctrine' and Interest Balancing in U.S. Antitrust Law |
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250 | (1) |
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[ 2] A First Approach to Extraterritorial Jurisdiction |
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250 | (1) |
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[ 3] The Alcoa Case and the `Effects' Doctrine in U.S. Antitrust Law |
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251 | (1) |
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[ 4] Restraints of Extraterritorial Jurisdiction under Considerations of International Law |
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252 | (2) |
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[ B] The Extraterritorial Application of European Competition Law |
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254 | (1) |
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[ 1] The ECJ's Wood Pulp Decision |
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254 | (1) |
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[ 2] The Position of the CFI and the Commission and the Aspect of Positive Comity |
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255 | (3) |
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[ 3] The Extension of Extraterritorial Jurisdiction by Means of a `Single Economic Entity' |
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258 | (2) |
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[ C] The Consideration of Compliance Measures under the Aspect of `Positive Comity' |
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260 | (2) |
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[ 1] Different Substantive Approaches to Parental Liability: Comparison to U.S. Practice |
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262 | (1) |
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[ a] Approach under Common Law |
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262 | (1) |
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[ b] The Implications on an International Level |
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263 | (1) |
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264 | (1) |
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[ 2] The Reference to `Best-Practice-Compliance' for Internationally Active Corporate Groups |
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265 | (2) |
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267 | (2) |
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269 | (4) |
Index |
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273 | |