Oxford University Press

Parental Liability in EU Competition Law A Legitimacy-Focused Approach


Subjects: Law, Jurisprudence & general issues
ISBN13:
By Whelan, Peter
Published: 2023-11-17 00:00:00 +0800

Format - Hardback
Regular price A$562.05
Sale price A$562.05 Regular price A$624.50

Usually ready in 7-10 days.

Parental Liability in EU Competition Law A Legitimacy-Focused Approach

Regular price A$562.05
Sale price A$562.05 Regular price A$624.50
Product description

In enforcing EU competition law, the Commission employs a unique doctrine of parental antitrust liability: it imposes fines on the parent company of an infringing subsidiary in cases where the parent exercises decisive influence over the subsidiary's commercial policy. Critics of this contentious aspect of EU competition law believe that the doctrine is unfair, ineffective, obscure, disproportionate, contrary to due process, and based upon a dubious, if not
extremely flimsy, justificatory foundation. Such criticism raises serious and unanswered questions about the legitimacy of the Commission's efforts to enforce competition law.Parental
Liability in EU Competition Law: A Legitimacy-Focused Approach is the first monograph to be dedicated to this controversial topic. Written by Professor Peter Whelan, the book contends that, although the general concept of parental liability can be justified in principle, the current EU-level doctrine of parental antitrust liability in fact suffers from a distinct and problematic lack of legitimacy. More specifically, the said doctrine displays significant deficiencies with respect to
effectiveness, fairness, and legality. Given this undesirable state of affairs, Parental Liability in EU Competition Law offers a fully-rationalised, reformulated approach to parental
antitrust liability for EU competition law violations that is built around the notion of parental fault. That approach provides a solid normative account of how to impose parental antitrust liability in a manner that is theoretically robust, effective in practice, fair in substance, and legally sound.

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