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MOL cannot claim compensation for harm to foreign subsidiaries, EU top court says

By Tono Gil ( July 4, 2024, 09:22 GMT | Insight) -- Hungarian oil and gas company MOL cannot use courts in its country of origin to sue Mercedes-Benz for harm that was suffered exclusively by its subsidiaries in other EU countries, the EU’s top court has said in a preliminary ruling today. The dispute is the latest development in the long-running saga of private litigation against truck makers fined by the European Commission in 2016 for participating in a price-fixing cartel.Hungarian oil and gas company MOL cannot use courts in its country of origin to sue Mercedes-Benz for harm that was suffered exclusively by its subsidiaries in other EU countries, the EU’s top court has said in a preliminary ruling today....

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