CASE COMMENTS: CARTELS – OBJECT RESTRICTION – SINGLE AND CONTINUOUS INFRINGEMENT – FINE
Fine: The Court of Justice of the European Union dismisses the appeal in its entirety and therefore upholds the decision of the European Commission and the fine that it imposed in the smart card chip market (Koninklijke Philips, Philips France)
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In the card chip cartel case, the Commission considered that the cartel was based on a series of bilateral contacts, with the participants in the infringement coordinating their pricing policy for card chips through price-fixing contacts, including specific prices offered to major customers, minimum and target prices, the sharing of views on price developments for the next six months and pricing intentions, as well as on production capacity and capacity utilisation, future market behaviour and the negotiation of joint customer contracts (V. European Comm, Dec. No. C(2014) 6250 final, 3 Sept. 2014, case AT.39574 - Chips for cards).
The action brought against
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