In 2018, nine Japanese companies were found to have exchanged
sensitive pricing information over a 14-year period in breach of EU
competition law. In July 2023, the EU Court of Justice rejected
final appeals by two of the parties.
Alex Rogers and Richard Whish KC discuss some of the interesting
aspects of the case and what companies can learn from the recent
judgments – the main takeaway being for companies outside the
EU to understand that conduct in their home territory that has an
anti-competitive effect in the EU can be caught by the
extraterritorial application of EU competition law.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.