ALERTS: CARTELS - EUROPEAN UNION - ELECTRICITY – ANNULMENT - FINES - CARTEL

Fines: The Court of Justice of the European Union annuls in part the judgment of the General Court and reduces the fine imposed by the Commission on one of the European participants in the power cable cartel (Verwaltungs)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 14 May 2020, the Court of Justice of the European Union delivered a judgment in Case C-607/18 (NKT Verwaltungs GmbH and NKT A/S v Commission). concerning one of the components of the cartel of electrical cables. It will be remembered that in a decision rendered on April 2, 2014In the first case, the Commission imposed fines totalling € 302 million on 11 producers of underground and submarine high-voltage power cables used to connect generation capacity to the electricity grid or to interconnect the electricity grids of different countries for participating in a market-sharing cartel. From 1999 and for almost ten years, six European, three Japanese and

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Fines: The Court of Justice of the European Union annuls in part the judgment of the General Court and reduces the fine imposed by the Commission on one of the European participants in the power cable cartel (Verwaltungs), 14 May 2020, Concurrences N° 3-2020, Art. N° 94917, www.concurrences.com

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