Power Cables case: lessons for private equity

Author: IFLR Correspondent | Published: 26 Feb 2019

The EU General Court’s judgment last summer confirmed that PE firms are not immune to antitrust risks

On July 12 2018, the General Court of the European Union ("General Court") handed down several judgments relating to the European Commission’s Power Cables cartel case. Among these was a judgment which confirmed the joint and several liability of a private equity investor for antitrust infringements committed by a former portfolio company (Case T-419/14 – The Goldman Sachs Group, Inc. v. Commission)....