The EU Court of Justice upholds the judgment of the Court of First Instance penalising the cartel of steel tubes producers known as the ’Europe-Japan Club’ (Dalmine / Sumitomo / Nippon Steel / Salzgitter)

THE COURT UPHOLDS THE JUDGMENT OF THE COURT OF FIRST INSTANCE PENALISING A CARTEL OF STEEL TUBES PRODUCERS* The producers did not prove that the Court of First Instance made errors of law in its judgment By decision of 8 December 1999 [1], the European Commission ordered eight undertakings (four Japanese companies and four European companies) which produced seamless steel tubes, used in the oil and gas industry, to pay fines amounting to EUR 99 million for an infringement of Community competition law. The Commission considered that the undertakings had concluded an

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European Court of Justice, The EU Court of Justice upholds the judgment of the Court of First Instance penalising the cartel of steel tubes producers known as the ’Europe-Japan Club’ (Dalmine / Sumitomo / Nippon Steel / Salzgitter), 25 January 2007, e-Competitions January 2007, Art. N° 93644

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