The European Commission announced on Monday 12 April that it is changing the method of calculating financial penalties for the Court of Justice of the EU (CJEU) in infringement proceedings to take account of the UK’s departure.
Since 1997, the Commission’s approach to setting penalties (a lump sum for the infringement and a daily penalty payment to induce compliance) has been applied by means of the ‘n’ factor, which takes into account a range of criteria, such as the Member...