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But under article 15(6) the immunity would not apply after the Commission informed undertakings of their preliminary examination. The Noordwijk Cement companies got a letter under article 15(6) saying their immunity ceased, and it brought an action to quash the decision. The Commission argued their decision was not an ‘act’ that could be ...
The Lafarge scandal refers to the court case against Lafarge, a French cement company, for making payments to the armed terrorist groups Islamic State of Iraq and Levant and al-Nusra Front between 2013–2014. [1] The scandal was first revealed by French journalist Dorothée Myriam Kellou and was then followed by investigations by the French ...
Decartelization is the transition of a national economy from monopoly control by groups of large businesses, known as cartels, to a free market economy. This change rarely arises naturally, and is generally the result of regulation by a governing body with the authority to decide what structures are permissible.
The loosest form of a price cartel can be recognized in tacit collusion (implicit collusion), wherein smaller enterprises individually devise their prices and market shares in response to the same market conditions, without direct communication, resulting in a less competitive outcome. This type of collusion is generally legal and can achieve a ...
Atlantic Cement Co., [1] was a New York court case in which New York's highest court considered whether permanent damages were an appropriate remedy in lieu of a permanent injunction. The case was one of the first and most influential instances of a court applying permanent damages. It is widely referenced in law and economics research and case ...
Edmonson v. Leesville Concrete Company, 500 U.S. 614 (1991), was a United States Supreme Court case which held that peremptory challenges may not be used to exclude jurors on the basis of race in civil trials. [1] Edmonson extended the court's similar decision in Batson v. Kentucky (1986), a criminal case.
The expansion plans are much greater than the company's current size of business and have faltered in 2019. In an interview with the Hindu Business Line in December 2018, Ghose claimed to have earmarked $200 million for 2 acquisitions in India that would be completed by the first quarter of 2019. He further promised that the company "will ...
Celotex Corp. v. Catrett, 477 U.S. 317 (1986), was a case decided by the United States Supreme Court.Written by Associate Justice William Rehnquist, the decision of the Court held that a party moving for summary judgment need show only that the opposing party lacks evidence sufficient to support its case.