The judgment rendered by the Court of Justice on 9 July 2015 dismisses in its entirety the appeal by InnoLux seeking a reduction in the amount of the fine imposed for its involvement in the cartel concerning LCD panels. In December 2010, the Commission adopted the decision ascertaining that six major international manufacturers of LCD…
The European Commission has fined ten undertakings participating in five different cartels in the market of retail packaging trays. Eight manufacturers (Huhtamäki of Finland, Nespak and Vitembal of France, Silver Plastics of Germany, Coopbox, Magic Pack and Sirap-Gema of Italy and Linpac of the UK) and two distributors (Ovarpack of Portugal and Propack of the…
On 12 December 2014, the General Court of the European Union rejected (partially in one case) the appeals brought by Hansen & Rosenthal, Tudapetrol, ChemPharm, ENI and Repsol against the Commission decision of 1 October 2008. The Commission fined, on that occasion, nine wax producers for price fixing and market sharing and imposed a total…
The Court of Justice has set aside the General Court’s ruling in the Guardian case, providing a different approach to the calculation of the fine. The fine for a competition law infringement is generally calculated as a percentage of the undertaking’s annual sales of the product concerned by the infringement. The relevant sales are usually…