The EU General Court reduces the fines imposed by the Commission in the graphite electrode cartel for wrongful application of calculation method (Tokai Carbon / SGL / Nippon / Showa Denko / GrafTech / SEC)

THE COURT OF FIRST INSTANCE REDUCES THE FINES IMPOSED BY THE DECISION OF THE COMMISSION AGAINST AN ANTICOMPETITIVE CARTEL IN THE GRAPHITE ELECTRODE MARKET The total amount of the fines is reduced from EUR 207.2 million to EUR 152.8 million In a decision of 2001, the Commission found the existence of a price-fixing agreement and a partitioning of the market according to the “home producer”

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General Court of the European Union, The EU General Court reduces the fines imposed by the Commission in the graphite electrode cartel for wrongful application of calculation method (Tokai Carbon / SGL / Nippon / Showa Denko / GrafTech / SEC), 29 April 2004, e-Competitions April 2004, Art. N° 93653

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