The Italian Competition Authority grants leniency for the first time, fining 8 companies for a total of € 31 M and granting total immunity to the first leniency applicant (Produttori di pannelli truciolari in legno)

On 17 May 2007 the Italian National Competition Authority (the «Authority») closed an in-depth investigation concerning an alleged cartel implemented by several Italian chipboard panels' producers. The relevant product market has been defined as including raw and faced chipboard panels [1]. Being raw and faced chipboard panels produced by the very same companies, the Authority did not find it appropriate to distinguish two distinct product markets. On the other hand, the Authority distinguished chipboard panels from other kind of panels (for instance fibres' made panels) because of their substantial physical and technical differences. The relevant geographic market as been identified as national in scope. This definition has been challenged by some undertakings, but the Authority

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Authors

  • Studio Legale DDPV (Rome)
  • Orrick, Herrington & Sutcliffe (Milano)

Quotation

Luciano Vasques, Federico Perego, The Italian Competition Authority grants leniency for the first time, fining 8 companies for a total of € 31 M and granting total immunity to the first leniency applicant (Produttori di pannelli truciolari in legno), 17 May 2007, e-Competitions May 2007, Art. N° 13756

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