The Düsseldorf Higher Regional Court states the maximum basic level of fine possible within the law as being 10% on a company’s turnover which deviates from the legal opinion and application practice of the German Federal Cartel Office (Cement cartel)

In its ruling of 26 June 2009, the OLG Düsseldorf has considerably reduced the original fines imposed by the German Federal Cartel Office (FCO) on five cement manufacturers for con-cluding quota agreements. Apart from this aspect, the ruling also contains a rather basic section in which the OLG Düsseldorf expressed an interpretation of the maximum basic level of fine possible within the law of 10% of company turnover which deviates from the legal opinion and application practice of the FCO and which resulted in a lower fine being imposed on one of the companies involved in the specific case. 1. Background In 2003, the five cement manufacturers HeidelbergCement AG, Holcim (Deutschland) AG, Dyckerhoff AG, Lafarge Zement GmbH and Schwenk Zement KG were fined by the Germany Federal Cartel

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

Author

Quotation

Thorsten Winkler, The Düsseldorf Higher Regional Court states the maximum basic level of fine possible within the law as being 10% on a company’s turnover which deviates from the legal opinion and application practice of the German Federal Cartel Office (Cement cartel), 26 June 2009, e-Competitions June 2009, Art. N° 30780

Visites 967

All issues

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