The EU General Court upholds €2.5 million fine for IT irregularities during dawn raid (EPH / EPIA)

On 26 November 2014, the General Court upheld a fine imposed on two Czech companies in the energy sector for obstructing access to electronic documents during a European Commission inspection. The General Court decision is significant because it provides further guidance on the European Commission’s powers during unannounced inspections. What happened during the inspection In its judgment of 26 November 2014, the General Court upheld a fine imposed on Energetický a průmyslový holding a.s. (EPH) and its wholly-owned subsidiary EP Investment Advisors s.r.o (EPIA) for obstructing a European Commission inspection carried out between 24 and 26 November 2009. The inspection was in connection with the Commission’s investigation into ČEZ, a.s. and other undertakings active in the Czech electricity

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  • Simmons & Simmons (London)
  • Simmons & Simmons (London)

Quotation

Tony Woodgate, Ajit Kainth, The EU General Court upholds €2.5 million fine for IT irregularities during dawn raid (EPH / EPIA), 26 November 2014, e-Competitions November 2014, Art. N° 77256

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