The Italian Council of State upholds the annulment of the Competition Authority’s decision fining eight steel producers for an alleged price-fixing cartel (Reinforcing Steel Bars / Tondini per Cemento Armato)

On 21 January 2020, the Council of State (Italy's Administrative Highest Court) handed down its judgment upholding the annulment of the Italian Competition Authority's ("ICA") decision of 19 July 2017 which had fined eight Italian steel producers for an alleged price-fixing cartel, based on the excessive duration of the ICA's pre-investigation activities, as well as the lack of sufficient evidence of the infringement. WHAT YOU NEED TO KNOW - KEY

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Denis Fosselard, Gabriele Accardo, The Italian Council of State upholds the annulment of the Competition Authority’s decision fining eight steel producers for an alleged price-fixing cartel (Reinforcing Steel Bars / Tondini per Cemento Armato), 21 January 2020, e-Competitions January 2020, Art. N° 95897

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