ALERTS: PROCEDURES – CARTELS - JURISDICTION - FINES - DEFECTIVE STATEMENT OF THE REASONS - TRANSACTION

Fines: The General Court of the European Union exercises its full jurisdiction and significantly reduces its fine in the case of the steel abrasives cartel (Pometon)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. On 28 March 2019, the General Court of the European Union delivered a judgment in Case T-433/16 (Pometon SpA v. European Commission).. The Tribunal hereby annuls Article 2 of the decision of 25 May 2016. setting the fine imposed on Pometon SpA at € 6 197 000 for its participation in a single and continuous infringement concerning prices in the metal abrasive shot sector, consisting of the coordination of its pricing behaviour and covering the whole EEA. As a first step, the five companies involved in the alleged cartel expressed their willingness to solicit a transaction. However, in the course of the proceedings, the applicant, Pometon SpA,

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Fines: The General Court of the European Union exercises its full jurisdiction and significantly reduces its fine in the case of the steel abrasives cartel (Pometon), 28 March 2019, Concurrences N° 2-2019, Art. N° 90195, www.concurrences.com

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