The EU General Court annuls a cartel settlement decision on appeal due to the Commission’s failure to sufficiently inform the undertakings on the fining methodology used (Envelopes cartel)

Under the Commission’s cartel settlement procedure, an undertaking admitting liability to a cartel infringement and waiving certain procedural rights is rewarded with a 10% reduction in the fine. In the envelopes cartel case, the Commission fined five producers €19.4 million under the settlement procedure for coordinating prices, allocating customers and exchanging commercially sensitive information on the European market for

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  • Van Bael & Bellis (Brussels)

Quotation

Richard Burton, The EU General Court annuls a cartel settlement decision on appeal due to the Commission’s failure to sufficiently inform the undertakings on the fining methodology used (Envelopes cartel), 13 December 2016, e-Competitions Bulletin December 2016, Art. N° 82638

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