The EU General Court confirms the decision of the Commission sanctioning a cartel on the market for cathode ray tubes but reduces the fines for some undertakings (Panasonic / Samsung / LG / Philips / Toshiba)

The General Court reduces the fines imposed by the Commission on Panasonic and on Toshiba for their participation in a cartel on the European market for tubes for television sets* However, it confirms the fines imposed on the other members of the cartel By decision of 5 December 2012, [1] the Commission imposed fines totalling approximately €1.47 billion on seven undertakings which participated in one or two separate cartels on the market for cathode ray tubes (‘CRTs’) between 1996/1997 and 2006. A CRT is an evacuated glass envelope containing an electron gun and a fluorescent screen. At the material time, there were two different types of CRT: colour display tubes for computer monitors (‘CDTs’) and colour picture tubes for television sets (‘CPTs’). They were essential components to

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General Court of the European Union, The EU General Court confirms the decision of the Commission sanctioning a cartel on the market for cathode ray tubes but reduces the fines for some undertakings (Panasonic / Samsung / LG / Philips / Toshiba), 9 September 2015, e-Competitions Due Process Research Program, Art. N° 93828

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