CASE COMMENT: COLLUSIVE PRACTICES - AUSTRIAN BANK SECTOR

Austrian Bank sector: The CFI dismisses the appeals brought against the Club Lombard decision and largely confirms the fines (Raiffeisen Zentralbank Österreich)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. CFI, 14 December 2006, Raiffeisen Zentralbank Österreich AG a.o. v. Commission, Joined Cases T-259/02 to T-264/02 and T-271/02 In 2002, the European Commission sanctioned a number of Austrian banks, commonly referred to as the "Lombard Club", which had participated in a series of agreements and concerted practices covering the whole of Austria. Apart from a reduction in the fine granted to

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  • European Court of Justice (Luxembourg)

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Cyril Sarrazin, Austrian Bank sector: The CFI dismisses the appeals brought against the Club Lombard decision and largely confirms the fines (Raiffeisen Zentralbank Österreich), 14 December 2006, Concurrences N° 1-2007, Art. N° 12855, p. 91

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