Key issues for the energy sector in the coordinated defence of parallel US/UK/international antitrust proceedings
Article from: OGEL 1 (2010), in Antitrust in the Energy Sector
Introduction
Imagine for a moment that you are the director of an oil & gas company active on the European energy market. You are pulled out of an important meeting abroad to have a conference call with the rest of the board, the in-house legal team and the company's external lawyers. They inform you that the company has been 'dawn raided' by the European Commission (the "Commission"), which has uncovered evidence of potential antitrust violations: informal agreements made by senior executives with one of your competitors not to sell products below a certain price. They explain that ...