ALERT: PROCEDURE - ANTI-COMPETITIVE PRACTICE - SETTLEMENT - FINE - FAILURE TO APPLY THE LIKELY RANGE OF FINES INDICATED DURING THE SETTLEMENT PROCEDURE

Hybrid settlement: The General Court of the European Union backs the settlement procedure and confirms the fine imposed in the first hybrid settlement decided by the Commission (Timab Industries / CFPR)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Court of First Instance, 20 May 2015, Case T-456/10 (Timab v. CFPR) On 20 May 2015, the Court of First Instance of the European Union delivered a very interesting judgment in Case T-456/10 (Timab Industries and CFPR v Commission).. The judgment was not made public until 21 May 2015. The case is first of all interesting in that it concerns the first hybrid transaction concluded by the European Commission, the same one that brings together the settlement procedure and the ordinary procedure. But it is especially interesting in that it provides an initial response to companies and their advisers wondering about the real gain to be expected from a

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Hybrid settlement: The General Court of the European Union backs the settlement procedure and confirms the fine imposed in the first hybrid settlement decided by the Commission (Timab Industries / CFPR), 20 May 2015, Concurrences N° 3-2015, Art. N° 75334, www.concurrences.com

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