The EU General Court rejects actions brought against the recalculated fines imposed by the EU Commission in the gas insulated switchgear cartel (GIS cartel)

Burton, Richard

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19 Jan 2016

The EU General Court rejects actions brought against the recalculated fines imposed by the EU Commission in the gas insulated switchgear cartel (GIS cartel)

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References

EU General Court, GIS cartel / Toshiba, Case T-404/12, 19 January 2016

EU General Court, GIS cartel / Mitsubishi, Case T-409/12, 19 January 2016

On 19 January 2016, the General Court (“GC”) issued judgments rejecting actions brought by Toshiba and Mitsubishi Electric against the recalculated fines amounting to approximately € 136 million imposed by the European Commission in June 2012 for their participation in the gas insulated switchgear cartel case. In its decision, the Commission initially imposed fines amounting to € 750.71 million on twenty European and Japanese companies

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Author

Richard Burton
Van Bael & Bellis (Brussels)

Belgium 380 contributions 89716 visits

Quotation

Richard Burton, The EU General Court rejects actions brought against the recalculated fines imposed by the EU Commission in the gas insulated switchgear cartel (GIS cartel), 19 January 2016, e-Competitions Utilities & Cartels, Art. N° 78291

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