The Czech Competition Authority inflicts a record fine of €35 million in the gas insulated switchgears market in spite of leniency (GIS cartel)

Převrátil, Jan

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9 Feb 2007

The Czech Competition Authority inflicts a record fine of €35 million in the gas insulated switchgears market in spite of leniency (GIS cartel)

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Reference

Czech Competition Authority, GIS cartel, Press Release, 9 February 2007

On 9 February 2007, the Czech Office for the Protection of Competition (the «Office») rendered a decision in the gas insulated switchgears («GIS») cartel case, imposing fines of a total amount of CZK 979 million (€ 35 million approx.) on the manufacturers. The cartel, which has been investigated by numerous other competition authorities, including the European Commission, was disclosed to the Office in a leniency application by one of the parties, ABB. Lasting from 1988 to 2004 and covering most geographical markets (with the notable exception of USA and

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Author

Jan Převrátil
Czech Ministry of Justice (Prague)

Czech Republic 30 contributions 80646 visits

Quotation

Jan Převrátil, The Czech Competition Authority inflicts a record fine of €35 million in the gas insulated switchgears market in spite of leniency (GIS cartel), 9 February 2007, e-Competitions February 2007, Art. N° 13242

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