A Dutch Court significantly reduces the fines imposed by the NCA for price and rebates coordination on bicycles markets pursuant to both Art. 81 EC and national provisions (Giant Europe, Accell Group and Gazelle/NMa)

On 18 July 2007, the Court of First Instance of Rotterdam (hereafter the ‘Rechtbank') ruled on an appeal introduced against a decision adopted by the Dutch Competition Authority (Nederlandse Mededingingsautoriteit, hereafter the ‘NMa') concerning a cartel between three Dutch companies engaged in the production and trade of bicycles, namely Giant Europe B.V., Accell Group N.V. and Gazelle B.V. The companies were convicted of having participated to concerted practices and fines were consequently imposed on them. According to the NMa, the companies involved had coordinated their policies with regard to consumer prices, discounts to bicycle dealers and the maximum margin which could be granted to an association promoting the use and purchase of bicycles in the Netherlands, named ‘NFP'. The

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Authors

  • European Commission - DG HR (Brussels)
  • European Court of Justice (Luxembourg)

Quotation

Tristan Baumé, Sally Janssen, A Dutch Court significantly reduces the fines imposed by the NCA for price and rebates coordination on bicycles markets pursuant to both Art. 81 EC and national provisions (Giant Europe, Accell Group and Gazelle/NMa), 18 July 2007, e-Competitions Effect on interstate trade, Art. N° 14066

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