The EU General Court dismisses the appeal brought by steel undertakings in the "steel beams" cartel and confirms no infringement of the right to defence in the administrative procedure before the Commission (Thyssen Stahl / Corus)

THE COURT DISMISSES SIX OF THE EIGHT APPEALS BROUGHT BY STEEL UNDERTAKINGS AND THEIR TRADE ASSOCIATION EUROFER WHICH HAD BEEN FOUND GUILTY OF ENGAGING IN A CARTEL* The Court annuls two judgments of the Court of First Instance: that concerning ARBED SA in its entirety and that concerning Siderúrgica Aristrain in part Steel beams are essential components in steel structures. By a decision adopted in 1994, the Commission found that 17 European steel undertakings and their trade association Eurofer had participated in a series of agreements, decisions and concerted practices designed to fix prices, share markets and exchange confidential information on the Community market for steel beams. The Commission then imposed on 14 of those undertakings fines exceeding ECU 104 000 000 in total.

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General Court of the European Union, The EU General Court dismisses the appeal brought by steel undertakings in the "steel beams" cartel and confirms no infringement of the right to defence in the administrative procedure before the Commission (Thyssen Stahl / Corus), 2 October 2003, e-Competitions October 2003, Art. N° 93664

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