CASE COMMENTS: MERGERS – EUROPEAN UNION – GUN JUMPING – PRINCIPLE NE BIS IN IDEM – AMOUNT OF THE FINE

Gun jumping: The General Court of the European Union upholds a Commission decision imposing a EUR 20 million fine on a Norwegian company for implementing a concentration without prior notification or authorisation (Marine Harvest)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In a judgment of October 26, 2017, the European Court of First Instance confirmed the European Commission's decision of July 23, 2014 to impose a fine of €20 million on the Norwegian fish farming company Marine Harvest for having acquired the Norwegian salmon producer Morpol in December 2012 before having notified this acquisition or having received the European Commission's authorisation to implement this concentration. On 14 December 2012, Marine Harvest concluded an agreement with two companies controlled by the founder of Morpol for the transfer to Marine Harvest of the shares that these two companies held in Morpol's capital. In this way, Marine

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Jean-François Bellis, Valérie Lefever, Gun jumping: The General Court of the European Union upholds a Commission decision imposing a EUR 20 million fine on a Norwegian company for implementing a concentration without prior notification or authorisation (Marine Harvest), 26 October 2017, Concurrences N° 1-2018, Art. N° 86217, pp. 119-120

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