ALERTS : ANTICOMPETITIVE PRACTICES - CARTEL - PRICE FIXING - FINE CALCULATION - LEGAL BASIS OF PENALTIES

Fine calculation: The EU Court of Justice confirms the method of fine calculation as regards the principle that penalties must have a proper legal basis and reinforces the margin of appreciation in order to confer to the fine a sufficient deterrent effect (Evonik Degussa)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In a judgment of 22 May 2008, the Court of Justice of the European Communities (ECJ) held that the European Communities in the Methionine Cartel Case (Case C-266/06 - Evonik Degussa v. European Commission) reaffirming the the validity of the legal bases on which the Commission imposes fines or penalties. pecuniary sanctions in competition matters and especially with regard to the principle of legality of sentences, which is part of the general principles of the Community law. The latter was not mistaken, moreover, welcoming immediately the Court's decision. In substance, the Court of Justice has

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Fine calculation: The EU Court of Justice confirms the method of fine calculation as regards the principle that penalties must have a proper legal basis and reinforces the margin of appreciation in order to confer to the fine a sufficient deterrent effect (Evonik Degussa), 22 May 2008, Concurrences N° 3-2008, Art. N° 61594, www.concurrences.com

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