49In that regard, the Court has already held that the fact that a subsidiary has its own local management and its own resources does not prove, in itself, that that company decides upon its conduct on the market independently of its parent company. The division of tasks between subsidiaries and their parent companies and, in particular, the fact that the local management of a wholly-owned subsidiary is entrusted with operational management is normal practice in large undertakings composed of a multitude of subsidiaries ultimately owned by the same holding company. Consequently, where a parent company or holding company owns all or virtually all the capital of the subsidiary directly involved in the infringement, the evidence adduced in that regard cannot rebut the presumption that decisive influence was in fact exercised over the conduct of the subsidiary by the parent company and by the holding company (see, to that effect, Alliance One International v Commission, paragraph 31 above, paragraphs 130 and 131).
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