ALERTE : ANTI-COMPETITIVE PRACTICE - FINE - CALCULATION - LIABILITY OF THE PARENT COMPANY

Calculation of the amount of the fine: The General Court of the European Union partially annuls again the Commission’s decision in the marine hoses cartel case (Parker Hannifin)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 14 July 2016, the General Court of the European Union delivered its judgment in Case T-146/09 RENV (Parker Hannifin Manufacturing Srl and Parker-Hannifin Corp. v. European Commission).. We remember that, by decision http://ec.europa.eu/competition/ant... of 28 January 2009, the Commission found that eleven companies, including the applicants in the present case, Parker ITR Srl (Parker ITR) and its parent company Parker-Hannifin Corp. (Parker-Hannifin), had participated in a cartel on the marine hose market. The cartel, considered by the Commission to have lasted from April 1986 to May 2007, had as its object the award of tenders, the fixing of prices,

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Calculation of the amount of the fine: The General Court of the European Union partially annuls again the Commission’s decision in the marine hoses cartel case (Parker Hannifin), 14 July 2016, Concurrences Nº 4-2016, Art. N° 82203, www.concurrences.com

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