The EU Commission re-imposes €131.6 million fine on Japanese companies over gas insulated switchgear cartel following General Court's partial annulment (Mitsubishi / Toshiba)

Burton, Richard

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27 Jun 2012

The EU Commission re-imposes €131.6 million fine on Japanese companies over gas insulated switchgear cartel following General Court’s partial annulment (Mitsubishi / Toshiba)

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Reference

EU Commission, Mitsubishi / Toshiba, Press Release IP/12/705, 27 June 2012

On 27 June 2012, the European Commission announced that it had re-imposed a € 131.61 million fine on Toshiba and Mitsubishi Electric, after last year’s General Court (“GC”) judgment partially annulling the original decision concerning these companies’ involvement in the gas insulated switchgear cartel. In January 2007, the Commission adopted a decision finding that manufacturers of gas switchgear used to insulate electrical equipment (“GIS”) had engaged in bid-rigging on the European market between

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Author

Richard Burton
Van Bael & Bellis (Brussels)

Belgium 380 contributions 90625 visits

Quotation

Richard Burton, The EU Commission re-imposes €131.6 million fine on Japanese companies over gas insulated switchgear cartel following General Court’s partial annulment (Mitsubishi / Toshiba), 27 June 2012, e-Competitions June 2012, Art. N° 58302

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