The EU Court of Justice holds that the Commission is entitled to refer to the last business year that corresponds to a full year of normal activity to calculate the fine (Pre-stressing steel cartel)

Under Article 23(2) of the Regulation on the Implementation of the Rules on Competition, a fine imposed for competi- tion law infringements should not exceed 10 percent of the undertaking’s total turnover in the business year preceding the decision in which the

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Richard Burton, The EU Court of Justice holds that the Commission is entitled to refer to the last business year that corresponds to a full year of normal activity to calculate the fine (Pre-stressing steel cartel), 2 June 2016, e-Competitions Bulletin June 2016, Art. N° 81141

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