The EU General Court dismisses five separate appeals in an electrolytic capacitors cartel case, including on increased fines for repeat offenses and partial immunity from fines (NEC / Nichicon / Tokin / Rubycon / Nippon Chemi-Con)

On 29 September 2021, the European General Court (“EGC”) dismissed in five separate judgments appeals lodged by Japanese producers, namely NEC Corporation, Nichicon Corporation, Tokin Corporation, Rubycon and Nippon Chemi-Con Corporation, against a decision adopted by the European Commission (“Commission”) in connection with the electrolytic capacitors cartel case (Cases T-341/18, Nec Corporation; T-342/18, Nichicon Corporation; T-343/18, Tokin Corporation; T-344/18, Rubycon and T-363/18, Nippon Chemi-Con Corporation). By way of background, in March 2018, the Commission adopted a decision fining eight Japanese producers of electrolytic capacitors a total of € 253.9 million. The companies involved in the infringement, namely Elna, Hitachi, Holy Stone, Matsuo, NEC Tokin,

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Auteur

  • Van Bael & Bellis (Brussels)

Citation

Steve Ross, The EU General Court dismisses five separate appeals in an electrolytic capacitors cartel case, including on increased fines for repeat offenses and partial immunity from fines (NEC / Nichicon / Tokin / Rubycon / Nippon Chemi-Con), 29 septembre 2021, e-Competitions November 2021 - II, Art. N° 103233

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