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
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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