The EU Court of Justice refers a cartel case back to the EU General Court for a ruling on the merits (Parker Hannifin)

On 18 December 2014, the Court of Justice of the European Union (“ECJ”) handed down a judgment on an appeal by the European Commission against a judgment of the General Court (“GC”) that reduced the fine imposed on Parker ITR and Parker Hannifin Corp. for participating in the marine hose cartel. The ECJ annulled the GC’s judgment and referred the case back to the GC for a ruling on the merits. In the 2009 decision under appeal, the Commission imposed fines totalling over € 131 million on eleven undertakings for having participated in a cartel in the marine hoses market with the objectives of market-sharing, price-fixing and the exchange of commercially sensitive information. The cartel was found to have

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Van Bael & Bellis (Brussels)

Quotation

Porter Elliott, The EU Court of Justice refers a cartel case back to the EU General Court for a ruling on the merits (Parker Hannifin), 18 December 2014, e-Competitions December 2014, Art. N° 70808

Visites 440

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues