CASE COMMENTS: ANTICOMPETITIVE AGREEMENTS - IMPUTATION OF THE INFRINGEMENT OF A SUBSIDIARY TO ITS MOTHER COMPANY – SERIOUSNESS AND DURATION OF THE INFRINGEMENT

Fine reduction : The General Court of the European Union reduces the amount of the fines, in respect of seriousness and duration of the infringement, for both the direct offender and its mother company during the period of control, as well as due to the 10 % ceiling, but only for the subsidiary (SLM, Ori Martin)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. By the third judgment reported in those columns and relating to the European prestressing steel cartel, the Court of First Instance partially annulled the Commission's decision of 2010 imposing fines on a subsidiary, SLM, the direct perpetrator of the infringement in question, and its parent company, Ori Martin, SLM being held liable from 10 February 1997 to 19 September 2002, that is to say, for the entire infringement period, and Ori Martin being held liable for the second infringement period, that is to say, from 1 January 1999 to 19 September 2002, the period during which Ori Martin controlled SLM. In order to ensure

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  • European Court of Justice (Luxembourg)

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Ludovic Bernardeau, Fine reduction : The General Court of the European Union reduces the amount of the fines, in respect of seriousness and duration of the infringement, for both the direct offender and its mother company during the period of control, as well as due to the 10 % ceiling, but only for the subsidiary (SLM, Ori Martin), 15 July 2015, Concurrences N° 4-2015, Art. N° 76307, p. 115

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