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The High Court has refused to issue a stay against a damages action brought against participants in a synthetic rubber cartel, stating that the risk of contradictory judgements following proceedings in Italy was not a sufficient reason to delay the case
The Court of Milan has rejected Eni’s request for a ‘negative ascertainment', which was aimed to have the court declare there was no cartel (which had been found following a Commission investigation in 2006 and involved a fine of 519 million for participants in a price-fixing ring for synthetic rubber) and that, accordingly, no damages were suffered by the tyre manufacturers
