The European Court of Justice upholds fine imposed in sodium gluconate cartel case (Archer Daniels Midland)

On 19 March 2009, the European Court of Justice (“ECJ”) dismissed an action brought by Archer Daniels Midland (“ADM”) against the judgment of the Court of First Instance (“CFI”) upholding the Commission’s decision in the sodium gluconate cartel case. In October 2001, the Commission imposed fines totalling € 57.53 million on six producers of sodium gluconate for taking part in a price-fixing and market-sharing cartel between 1987 and 1995.

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  • Van Bael & Bellis (Brussels)

Quotation

Richard Burton, The European Court of Justice upholds fine imposed in sodium gluconate cartel case (Archer Daniels Midland), 19 March 2009, e-Competitions Bulletin March 2009, Art. N° 43768

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