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The Sins of the Son: Parent Company Liability for Competition Law Infringements

This paper summarises the current state of the law in what concerns the liability of parent companies for their subsidiaries’ infringements of EU and Portuguese Competition Law, while contrasting such rules with general principles of Corporate Law and the tendencies for their evolution at the EU and national levels. It is argued that, despite the frequent criticism of European case-law on parent company liability, Competition Law must still take several expansive steps of parent liability in order to achieve internal coherence. Courts – especially at the national level – still seem to find it difficult to let go of the legal concept of undertaking.