The Belgian Supreme Court dismisses an appeal against an interim judgment of the Brussels Court of Appeal (Kone / Otis / Schindler / ThyssenKrupp)

On 22 March 2018, the Belgian Supreme Court (the “Supreme Court”) dismissed an appeal against an interim judgment of the Brussels Court of Appeal (the “Court of Appeal”) on the damages claim introduced by the European Commission (the “Commission”). This claim arose following the Commission’s 2007 decision fining four elevator companies, Kone, Otis, Schindler and ThyssenKrupp (the “Defendants”), a total of EUR 992 million for their participation in a cartel on the markets for the sale, installation, maintenance and renewal of lifts and escalators in Belgium, Germany, Luxembourg and the Netherlands (the “Cartel Decision” - see VBB on Competition Law, Volume 2007, No. 3). In June 2008, the Commission brought an action for damages before the Brussels Commercial

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  • Van Bael & Bellis (Brussels)

Quotation

Martin Favart, The Belgian Supreme Court dismisses an appeal against an interim judgment of the Brussels Court of Appeal (Kone / Otis / Schindler / ThyssenKrupp), 22 March 2018, e-Competitions Bulletin March 2018, Art. N° 87348

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