The ECJ confirms the €61.44 million fine against Toshiba for its participation in the GIS cartel

On 6 July 2017, the European Court of Justice (“ECJ”) has rejected Toshiba’s appeal against the judgment of the General Court of 19 January 2016 and upheld the €61.44 million fine imposed by the Commission against Toshiba (of which €4.65 million jointly and severally with Mitsubishi) for its participation in the gas insulated switchgear (“GIS”)…