ALERT: ANTI-COMPETITIVE PRACTICE - ATTRIBUTABILITY OF THE UNLAWFUL CONDUCT OF A SUBSIDIARY TO THE PARENT COMPANY - PROPORTIONALITY - PRINCIPLE THAT PENALTIES MUST FIT THE OFFENCE - COOPERATION DURING THE PROCEDURE - ABILITY TO PAY

Principle that penalties must fit the offence: The Tribunal of the European Union lowers considerably the fine imposed on one of the participants to the pre-stressing steel cartel (Voestalpine et al.)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. Court of First Instance, 15 July 2015, Case T-418/10 (Voestalpine), Joined Cases T-389/10 and T-419/10 (Siderurgica Latina Martin), Cases T-398/10 (Fapricela), T-422/10 (Trafilerie Meridionali)and T-393/10 (Westfälische Drahtindustrie) On 15 July 2015, the Court of First Instance of the European Union delivered no less than 16 judgments in three different cartel cases. It first delivered a series of 10 judgments (Cases T-389/10 and T-419/10, on the one hand, and Cases T-413/10 and T-414/10, on the other hand, were joined) concerning a first round of 12 out of the 28 appeals lodged against the decision of 30 June 2010.The Commission has since

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Principle that penalties must fit the offence: The Tribunal of the European Union lowers considerably the fine imposed on one of the participants to the pre-stressing steel cartel (Voestalpine et al.), 15 July 2015, Concurrences N° 4-2015, Art. N° 76668, www.concurrences.com

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