The EU General Court reduces a fine imposed in a cartel case (Pometon)

On 28 March 2019, the General Court (“GC”) delivered a judgment on an appeal lodged by Pometon against the European Commission’s (“Commission”) decision in the Steel Abrasives cartel case (Case T-433/16, Pometon SA v. Commission). In April 2014, the Commission imposed fines totalling over € 30 million on four companies (Ervin, Winoa, Metalltechnik and Eisenwek Würth) for their involvement in the Steel Abrasives cartel case (see VBB on Competition Law, Volume 2014, No. 4). The case was handled under the Commission’s cartel settlement procedure. Pometon, an Italian abrasives producer under investigation, decided to discontinue the settlement discussions with the Commission and follow the standard infringement procedure. In May 2016, the Commission imposed a fine of € 6.2 million on Pometon

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Van Bael & Bellis (Brussels)

Quotation

Richard Burton, The EU General Court reduces a fine imposed in a cartel case (Pometon), 28 March 2019, e-Competitions Bulletin March 2019, Art. N° 90356

Visites 27

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues