Something to remember him by: Commissioner Joaquín Almunia's farewell gift
2014; Taylor & Francis; Volume: 8; Issue: 4 Linguagem: Inglês
10.5235/17521440.8.4.315
ISSN1752-1459
Autores Tópico(s)Political Influence and Corporate Strategies
ResumoThis article examines the last full week of work for the European Commission's former Vice-President and Competition Commissioner Joaquín Almunia. In that week came the announcement of the settlement of cartel action for manipulation of financial benchmarks and a speech on the European Commission's directive on private actions in antitrust. By linking the two, Almunia has given notice that the likely outcome of cartel prosecution in Europe for benchmark manipulation is a succession of private actions by the ultimate victims of that manipulation.
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