The EU Court of Justice upholds the fines imposed by the Commission on the largest manufacturer of elevators and escalators for its participation in a cartel (Kone)

I. Facts During the summer of 2003, the Commission received information about the possible existence of an agreement between the major European manufacturers of elevators and escalators within the European Union: Kone, Otis, Thyssen and Schindler. In early 2004, the Commission conducted investigations at the premises of these companies in Belgium, Germany, Luxembourg and the Netherlands. The companies then introduced applications for leniency. The Commission granted immunity from fines for infringements committed in Belgium and Luxembourg. However, infringements committed in Germany and the Netherlands were not covered by such immunity. The Commission adopted a decision [1] (hereafter “the contested decision”) imposing fines of EUR 62 370 000 and EUR 79 750 000 on Kone Oyj [2], Kone

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Auteur

  • Grisay – Lawyers and consultants (Brussels)

Citation

David Leys, The EU Court of Justice upholds the fines imposed by the Commission on the largest manufacturer of elevators and escalators for its participation in a cartel (Kone), 24 octobre 2013, e-Competitions October 2013, Art. N° 59412

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