In a judgment handed down this week by its Grand Chamber, the European Court of Justice (“ECJ”) decided that, under certain circumstances, a subsidiary can be held liable for cartel activity engaged by its parent company. This judgment has potentially far-reaching consequences and may give an additional impetus to private damages litigation. Background On 24 October 2019, Sumal (an alleged victim of the Trucks cartel) brought a claim for damages in follow-on litigation in front of…
Paloma is a partner in the Madrid office. She has over two decades’ experience gained both in‐house in the Corporate Affairs and Regulatory department of a mobile operator in Spain and in private practice at a Spanish Competition boutique law firm. Paloma has been recommended as a leading professional by various legal directories, including Chambers Europe, Legal 500 and Who's Who Legal Iberia. According to Chambers & Partners, clients appreciate that Paloma is "dedicated, hardworking, and pays a lot of attention to detail" (Europe Guide, 2018). Paloma's practice is focused on Spanish and EU Competition law with a deep knowledge of regulation, in particular in the telecom and energy sectors. She has wide experience in antitrust infringement procedures and damages claims, compliance, internal audits and preventive counselling in a broad variety of sectors, working for private companies and public entities alike.