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ALERTS: CARTELS - EUROPEAN UNION - CARTEL - FINES - INFORMATION TECHNOLOGY - COMPETENCE - INFORMATION EXCHANGE - PRICE COORDINATION

Information exchange: The General Court of the European Union finds that the European Commission failed to prove the existence of an anti-competitive contact in the card chip cartel case and reduces the fine accordingly (Infineon Technologies)

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*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 8 July 2020, the Court of First Instance of the European Union delivered a judgment on referral after annulment by the Court of Justice in Case T-758/14 RENV (Infineon Technologies v Commission) regarding one of the components of the card chip agreement. It will be recalled that on 26 September 2018, the Court of Justice of the European Union reminded the Court of First Instance, in its judgment in Case C-99/17 (Infineon Technologies v Commission). its obligation of effective judicial review within its unlimited jurisdiction. This case concerns the card chips cartel, where the Commission imposed fines totalling around €138 million on four companies

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Information exchange: The General Court of the European Union finds that the European Commission failed to prove the existence of an anti-competitive contact in the card chip cartel case and reduces the fine accordingly (Infineon Technologies), 8 July 2020, Concurrences N° 4-2020, Art. N° 95732, www.concurrences.com

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