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Private Equity Firm Held Responsible for Portfolio Company’s Antitrust Violations

By Marjorie Holmes, James Cross & Kevin Nkugwa on February 10, 2017
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In January of 2017 a private equity firm, Bencis, was found liable for a portfolio company’s involvement as one of 14 cartelists producing flour in the Netherlands, Belgium, and Germany. The Authority for Consumers and Markets (ACM) ruled that while company was a member of Bencis’s portfolio, Bencis was accountable for their antitrust violations.  This case demonstrates the need for private equity firms to ensure that companies they invest in are in full compliance with competition rules.  To read more about parental liability click here. 

Photo of Marjorie Holmes Marjorie Holmes
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  • Posted in:
    Antitrust, Competition and Trade
  • Blog:
    Global Regulatory Enforcement Law Blog
  • Organization:
    Reed Smith LLP

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