CHRONIQUES : PROCEDURES – CARTELS – INFRINGEMENT PERIOD

Statute of limitation: The General Court of the European Union rules that the 10-year statutory time limit for the imposition of a fine does not apply to subsequent adjustments to the amount of the fine made in order to comply with a Court ruling (Corporacion Empresarial de Materiales de Construccion)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In June 2008, the applicant was ordered jointly and severally with its subsidiary to pay a fine of EUR 9,9 million for its participation in the sodium chlorate cartel (Commission Decision C(2008) 2626 final, Case COMP/38.695). It paid this fine and, together with its subsidiary, contested the Commission's decision. In 2011, the Court of First Instance allowed the subsidiary's action and reduced the duration of the infringement period by approximately

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • European Court of Justice (Luxembourg)

Quotation

Pascal Cardonnel, Statute of limitation: The General Court of the European Union rules that the 10-year statutory time limit for the imposition of a fine does not apply to subsequent adjustments to the amount of the fine made in order to comply with a Court ruling (Corporacion Empresarial de Materiales de Construccion), 6 October 2015, Concurrences N° 1-2016, Art. N° 77920, pp. 178

Visites 135

All reviews