Edison, Air Liquide EU Rulings May Aid Fine Cuts, Lawyers Say
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Edison SpA and Air Liquide SA’s successful challenges to European Union antitrust fines may aid companies seeking to avoid paying fines for competition violations committed by subsidiaries, lawyers said.
Edison today won a EU court challenge to a 58.1 million-euro ($82 million) antitrust fine based on errors committed by EU regulators. Air Liquide SA, the world’s biggest producer of industrial gases, also won its bid to overturn the EU’s decision of collusion in the cartel.