The ECJ partly upholds an appeal with regard to the calculation of the fine and, as a result, substantially reduced the fine (YKK)

On 4 September 2014, the Court of Justice of the European Union (“ECJ”) handed down its judgment on appeals brought by YKK Corporation, YKK Holding Europe BV and YKK Stocko Fasteners (jointly referred to as “YKK”) against a judgment of the General Court (“GC”) dismissing their appeals against the Commission's decision in the fasteners cartel case. In its judgment, the ECJ partly upheld YKK's appeal with regard to the calculation of the fine imposed on YKK Stocko Fasteners and, as a result, substantially reduced the fine from € 19.25 million to €

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  • Van Bael & Bellis (Brussels)

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Richard Burton, The ECJ partly upholds an appeal with regard to the calculation of the fine and, as a result, substantially reduced the fine (YKK), 4 September 2014, e-Competitions Bulletin September 2014, Art. N° 69352

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