The EU General Court reduces fines in industrial bag cartel (FLS Past, FLSmidth and UPM-Kymmene)

On 6 March 2012, the EU General Court handed down three judgments relating to the appeals filed by FLS Past, FLSmidth and UPM- Kymmene Oyj against a European Commission decision fining them for their involvement in a cartel affecting the supply of industrial bags. The decision under appeal, which was adopted by the Commission in 2005, imposed a fine of € 290.71 million on 16 manufacturers of industrial plastic bags. In its judgments, the General Court reduced the fines imposed by the Commission on the applicants

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The EU General Court reduces fines in industrial bag cartel (FLS Past, FLSmidth and UPM-Kymmene), 6 March 2012, e-Competitions Bulletin March 2012, Art. N° 58384

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