The European Commission fines a company other than a notifying party in merger proceedings for the first time (Mitsubishi Heavy Industries)

"Merger Control: main developments between 1st May 2000 and 31st August 2000"* The Commission has imposed fines on Mitsubishi Heavy Industriesfor failing to supply information with regard to a joint venture last year between Kvaerner and Ahlström. This is the first time the Commission has fined a company other than a notifying party in merger

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Authors

  • European External Action Service (Brussels)
  • Financial Conduct Authority (London)
  • DG COMP (Brussels)

Quotation

Walter Tretton, Neil Marshall, Anna Papaioannou, The European Commission fines a company other than a notifying party in merger proceedings for the first time (Mitsubishi Heavy Industries), 14 July 2000, e-Competitions Mergers & Joint ventures, Art. N° 39138

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