In nine separate judgments handed down on 16 November 2011, the General Court (“GC”) annulled the fine imposed by the Commission on one undertaking – Stempher BV (“Stempher”) – and reduced the fine imposed on another – parent company Low & Bonar and its subsidiary Bonar Technical Fabrics (“Bonar”). However, it upheld the fines imposed on the remaining seven undertakings and dismissed their appeals accordingly. The fines were initially imposed pursuant to a 2005 Commission decision under which the appellants were found to have participated in a Europe-wide cartel on the plastic industrial bags market. In its decision of 30 November 2005, the Commission imposed fines totalling over € 290 million on sixteen undertakings who, to varying
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The EU General Court annuls and reduces fines in plastic industrial bags cartel case (Stempher / Bonar)
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