32The Court has made it clear that, in the particular case of a parent company with a 100% shareholding in a subsidiary which has infringed the European Union’s competition rules, that parent company is able to exercise decisive influence over the conduct of its subsidiary, and there is a rebuttable presumption that the parent company does in fact exercise such influence (see Alliance One International and Standard Commercial Tobacco v Commission and Commission v Alliance One International and Others, paragraph 46 and the case-law cited).
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