The EU General Court annuls a Commission decision in a power transformer cartel case (Alstom)

On 27 November 2014, the General Court (“GC”) handed down two separate judgments on the appeals by Alstom and its former subsidiary Areva T&D SA (“Areva”; currently Alstom Grid SAS) against the Commission’s decision in the power transformers cartel case. The GC annulled the decision in so far as it concerned Alstom, but dismissed the appeal brought by Areva. In 2009, the Commission imposed fines totalling over € 67.6 million on a number of European and Japanese companies for having participated in a market-sharing cartel that operated on the market for power transformers between June 1999 and May 2003 in breach of Article 101 TFEU and Article 53 of the EEA Agreement. Alstom was fined € 16.5 million and Areva was found to be jointly and

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Auteur

  • Van Bael & Bellis (Brussels)

Citation

Porter Elliott, The EU General Court annuls a Commission decision in a power transformer cartel case (Alstom), 27 novembre 2014, e-Competitions November 2014, Art. N° 70809

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