LAWFUEL – The Legal Newswire –
The European Court of First Instance (CFI) has decided that Schneider Electric SA should be partially compensated for the
losses it suffered following the European Commission’s unlawful prohibition of its merger with Legrand SA in 2001. In allowing
Schneider’s claim to a partial extent, the CFI appears to have struck a delicate balance between upholding the principle that
Community institutions should, in certain circumstances, make good the losses they cause and avoiding a situation in which
Commission decision making is paralysed in the future through fear of extensive damages claims.
See: http://www.freshfields.com/publications/pdfs/2007/july16/19322.pdfList your legal jobs on the LawFuel Network