ALERTS: PROCEDURES - FRANCE - FOOD SECTOR - FINES - CARTEL - PRICE REGULATION

Fine: The Paris Court of Appeal significantly reduces the fines imposed by the French Competition Authority, taking into account the ability of companies to pay, the short duration of participation in the cartel and the existence of price regulation until 1978 (Goodmills)

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. Following a judgment delivered on 4 July 2019on referral back after cassation https://lactu-concurrence.us14.list... and after the shutdown procedure https://lactu-concurrence.us14.list...the Paris Court of Appeal essentially confirms Decision No. 12-D-09 delivered on 13 March 2012 in the Flour case, under which the Competition Authority had fined EUR 242.6 million in respect of three cartels in the bagged flour sector. However, the Paris Court of Appeal significantly reduced the fines initially imposed by the Authority. In so doing, it takes account not only of the low contributive capacity of most of the applicants, but also of the shorter

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Fine: The Paris Court of Appeal significantly reduces the fines imposed by the French Competition Authority, taking into account the ability of companies to pay, the short duration of participation in the cartel and the existence of price regulation until 1978 (Goodmills), 4 July 2019, Concurrences N° 4-2019, Art. N° 91113, www.concurrences.com

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