The EU Court of Justice partially quashes the General Court’s decision and reduces the fines on eleven producers of high voltage power cables for their participation in a global market-sharing cartel (Verwaltungs)

On 14 May 2020, the European Court of Justice (the "ECJ") partially quashed the General Court's (the "GC") judgment upholding the European Commission's ("Commission") power cables cartel decision with respect to NKT and its wholly owned subsidiary NKT Verwaltungs (together "NKT" or the "appellants"). In doing so, the ECJ reduced NKT's fine by EUR 200 000. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS The Commission must base its decisions 'only on objections on which the parties concerned have been able to comment'. Therefore, the Commission cannot hold liable a company for conduct which was not covered in the Statement of Objections ("SO"). The Commission must show awareness as regards the various elements of an infringement to hold a company liable for the conduct of another

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Jessica Bracker, Denis Fosselard, Donald Slater, Alexi Dimitriou, The EU Court of Justice partially quashes the General Court’s decision and reduces the fines on eleven producers of high voltage power cables for their participation in a global market-sharing cartel (Verwaltungs), 14 May 2020, e-Competitions July 2020, Art. N° 95552

Visites 31

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues