On 29 September 2021, the European General Court (“EGC”) dismissed in five separate judgments appeals lodged by Japanese producers, namely NEC Corporation, Nichicon Corporation, Tokin Corporation, Rubycon and Nippon Chemi-Con Corporation, against a decision adopted by the European Commission (“Commission”) in connection with the electrolytic capacitors cartel case (Cases T-341/18, Nec Corporation; T-342/18, Nichicon Corporation; T-343/18, Tokin Corporation; T-344/18, Rubycon and T-363/18, Nippon Chemi-Con Corporation). By way of background, in March 2018, the Commission adopted a decision fining eight Japanese producers of electrolytic capacitors a total of € 253.9 million. The companies involved in the infringement, namely Elna, Hitachi, Holy Stone, Matsuo, NEC Tokin,
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The EU General Court dismisses five separate appeals in an electrolytic capacitors cartel case, including on increased fines for repeat offenses and partial immunity from fines (NEC / Nichicon / Tokin / Rubycon / Nippon Chemi-Con)
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