ALERT: ANTI-COMPETITIVE PRACTICE - PRICE-FIXING - FINES - PRINCIPLE THAT PENALTIES MUST FIT THE OFFENCE - VERTICALLY-INTEGRATED COMPANIES - INTERNAL SALES

Principle that penalties must fit the offence: The Court of Justice of the European Union rules that the value of sales to take into consideration to determine the amount of the fine imposed on vertically-integrated companies must include all sales to third parties in the EEA of finished products incorporating the goods concerned, including internal sales of the goods concerned outside the EEA as long as they were necessarily affected by the infringement (InnoLux)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. CJEU, 9 July 2015, Case C-231/14 (InnoLux) On 9 July 2015, the Court of Justice of the European Union delivered a judgment in Case C-231/14 (InnoLux Corp. v. European Commission). pursuant to which it dismisses in its entirety the appeal against thejudgment of 27 February 2014 by which the General Court of the European Union, in Case T-91/11 (InnoLux Corp. v Commission), upheld the substance of the Commission's decision of 8 December 2010648.925 million to six Korean and Taiwanese producers of liquid crystal display panels (LCDs) for forming a price cartel from October 2001 to February 2006. At the same time, it confirms the fine of €288 million

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • L’actu-concurrence (Paris)

Quotation

Alain Ronzano, Principle that penalties must fit the offence: The Court of Justice of the European Union rules that the value of sales to take into consideration to determine the amount of the fine imposed on vertically-integrated companies must include all sales to third parties in the EEA of finished products incorporating the goods concerned, including internal sales of the goods concerned outside the EEA as long as they were necessarily affected by the infringement (InnoLux), 9 July 2015, Concurrences N° 4-2015, Art. N° 76678, www.concurrences.com

Visites 126

All reviews