ALERTS: PROCEDURES - EUROPEAN UNION - FINE - NOTIFICATION

Fines: The European Commission imposes a fine of €52 million to two undertakings in the wind turbine manufacturing sector for negligently supplying incorrect information in the notification of a merger (GE / LM Wind Power)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. On 21 January 2020, the Commission published the decision of 8 April 2019 in favour of which it imposed a fine of EUR 52 million on GE for negligently providing incorrect information in the notification of a merger is online At the Commission, the accuracy of the information provided in merger notifications is not misunderstood. This is the second time that the Commission has fined a company for providing incorrect or misleading information since the entry into force of the 2004 Merger Regulation. In May

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  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Fines: The European Commission imposes a fine of €52 million to two undertakings in the wind turbine manufacturing sector for negligently supplying incorrect information in the notification of a merger (GE / LM Wind Power), 21 January 2020, Concurrences N° 2-2020, Art. N° 93026, www.concurrences.com

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