Brussels, 12/07/2011 (Agence Europe) - On Tuesday 12 July, the General Court of the European Union cancelled the fines imposed by the European Commission on the Japanese groups Mitsubishi and Toshiba for their participation in a cartel on the market for gas insulated switchgear (GIS), while maintaining the fine of €50.4 million imposed on Hitachi and reducing the fine on Fuji from €2.4 million to €2.2 million.
On 24 January 2007, the Commission had imposed fines on 20 European and...