EU Court Finds EC Not Liable In Banana Tariff Twist

Law360 (September 9, 2008, 12:00 AM EDT) -- The European Union's top court has dismissed appeals by two Italian companies seeking damages from the European Commission for revenue lost due to U.S.-imposed tariffs that were created in response to an EC quota system for banana imports.

The Court of Justice of the European Communities ruled Tuesday that the EC and the European Council can't be held liable for damages for failing to comply with a 1999 decision by the World Trade Organization.

In the 1990s, the U.S. and EU engaged in a series of...
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