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The EU General Court confirms the Commission’s decision requiring a French bank to supply information concerning the fee charged when processing foreign checks (Société Générale)

"Judgment Of The Court Of First Instance Of 8 March 1995 (T-34/93) Société Générale - v- Commission"* In this case the applicant, Société générale (SG), sought the annulment of Commission decision C(93)746 of 1 April 1993 which, pursuant to Article 11(5) of Regulation N° 17, required SG to supply within two weeks information which it had refused to supply following an Article 11(3) request for information, and which imposed periodic penalty payments thereafter at a rate of ECU 1000 per diem. SG also sought damages of 1FF. The facts may be briefly summarised. The Commission’s request for information had been made following the receipt of a complaint from a French citizen who had been charged commission of 92,50FF by SG to cash a Eurocheque made out to her for 4710FF. The Eurocheque had been

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  • DG COMP (Brussels)

Quotation

G. Taylor, The EU General Court confirms the Commission’s decision requiring a French bank to supply information concerning the fee charged when processing foreign checks (Société Générale), 8 March 1995, e-Competitions Bulletin March 1995, Art. N° 39597

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