Judgment_paragraph 88 · European Commission v Versalis SpA and Eni SpA and Versalis SpA and Eni SpA v European Commission (C-93/13 P, C-123/13 P)

88It must be borne in mind that EU competition law refers to the activities of undertakings and that the concept of an undertaking covers any entity engaged in an economic activity, regardless of its legal status and the way in which it is financed (see judgment in Akzo Nobel and Others v Commission, EU:C:2009:536, paragraph 54 and the case-law cited).