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- W2794177061 abstract "The recent judgment of the General Court in Marine Harvest v Commission confirms the 2014 Commission decision imposing a EUR 20 million fine on salmon farmer and processor Marine Harvest for having implemented its acquisition of competitor Morpol before having notified the transaction to the European Commission. The judgment deals with a wide range of procedural matters, including the applicability of the standstill obligation in the case of public bids. On 26 October 2017, the General Court issued its judgment in the Marine Harvest v Commission case (EU:T:2017:753, the ‘Judgment’), upholding the European Commission (‘Commission’) decision of 23 July 2014 that imposed on Marine Harvest A.S.A. (‘Marine Harvest’) a fine of EUR 20 million for having implemented its acquisition of Morpol ASA (‘Morpol’) before it was notified and declared compatible with the Internal Market (the ‘Decision’). The Judgment brings additional clarity on several issues related to early implementation of a concentration (also known as ‘gun jumping’),1 particularly in the case where the target of the acquisition is listed on a public stock exchange. In addition, it contains important indications as to the General Court’s thinking on the applicability of general legal principles, such as the ne bis in idem principle, in the field of European Union competition law." @default.
- W2794177061 created "2018-03-29" @default.
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- W2794177061 date "2018-02-16" @default.
- W2794177061 modified "2023-09-25" @default.
- W2794177061 title "Case T-704/14 – Marine Harvest v Commission: On ‘Gun Jumping’ and Public Bids" @default.
- W2794177061 doi "https://doi.org/10.1093/jeclap/lpy014" @default.
- W2794177061 hasPublicationYear "2018" @default.
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