On 16 June 2011, the General Court handed down its judgments in the appeals by
L’Air liquide SA, Solvay SA, FMC Foret SA, Caffaro Srl, SNIA SpA, Solvay Solexis
SpA, Edison SpA and FMC Corp against a decision of the European Commission
(“Commission”) finding that they participated in cartels in the hydrogen peroxide and
perborate markets in breach of Article 101 TFEU. The General Court has annulled
the decision with respect to L’Air liquide and Edison, in so far as the Commission
failed to adopt a detailed position on the evidence that those companies adduced in
order to rebut the presumption that they exercised a decisive influence over the
conduct of their wholly-owned subsidiaries. Read more