The EU Court of Justice annuls a judgment of the General Court which in accordance with the European Commission held that certain pricing measures adopted restricted competition ‘by object’ (Groupement des Cartes Bancaires)

The Court of Justice of the European Union (“Court of Justice”) sets aside the judgment of the General Court of the European Union (General Court) by which it confirmed the European Commission’s (“Commission”) decision finding an anticompetitive practice in the Groupement des cartes bancaires v European Commission case. Judgement of the Court of Justice, case C-67/13 P, 11 September 2014 ; Judgement of the General Court, case T 491/07, 29 November 2012; Decision of the European Commission C (2007) 5060 final, 17 October 2007, (COMP/D1/38606 — Groupement des cartes bancaires). I. The Parties Groupement des cartes bancaires (“the Grouping”), appellant, is an economic interest grouping governed by French law, which was established in 1984 by the main French banks, to manage a system for

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Authors

  • Covington & Burling (Brussels)
  • Glimstedt & Partners

Quotation

Daniel Muheme, Greta Juknaite, The EU Court of Justice annuls a judgment of the General Court which in accordance with the European Commission held that certain pricing measures adopted restricted competition ‘by object’ (Groupement des Cartes Bancaires), 11 September 2014, e-Competitions Bulletin September 2014, Art. N° 72930

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