A Dutch Court reduces fines for colluding bicycle manufacturers due to lack of economic assessment by the NCA (Giant Europe, Accell Group and Gazelle/NMa)

Court of First Instance of Rotterdam (Rechtbank Rotterdam), 18 July 2007, Giant Europe B.V., Accell Group N.V. , Koninklijke Gazelle B.V. v. NMa, Decision n° 06/28, Cases MEDED 06/12, WILD MEDED 06/26 VRLK, MEDED 06/28 WILD (LJN: BB0440) http://zoeken.rechtspraak.nl/defaul... Facts On 18 July 2007, the Court of Rotterdam significantly reduced the fines imposed by the Dutch Competition Authority (NMa) on four producers of bicycles for coordinating prices, the fines reduced from € 26.6 to € 12.7 million. The infringements concerned three issues: (1) coordination on increasing recommended retail prices; (2) coordination to reduce winter rebates given to retailers; and (3) coordination on prices charged to one large customer (Nationale Fiets Projecten, hereafter NFP) and the producers'

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  • Netherlands Authority for Consumers & Markets (The Hague)

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Rob van der Noll, A Dutch Court reduces fines for colluding bicycle manufacturers due to lack of economic assessment by the NCA (Giant Europe, Accell Group and Gazelle/NMa), 18 July 2007, e-Competitions July 2007, Art. N° 14180

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