Resumen de Private equity liable for portfolio's antitrust breach.
The article reports on the ruling of the European Commission that Prysmian, a private equity fund sponsored by financial services firm Goldman Sachs, is liable for the cartel infringement by a portfolio company. It examines the decision of the EC under the Parental Liability Doctrine and its implications for private equity firms. A discussion on the importance for private equity buyers to practice due diligence, including the introduction of cartel warranties and indemnities, is presented.
