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
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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