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Europe Daily Bulletin No. 10609
Contents Publication in full By article 34 / 40
COURT OF JUSTICE OF THE EU / (ae) cjeu

Fines for Legris and its subsidiary Comap upheld

Brussels, 07/05/2012 (Agence Europe) - In a ruling delivered on 3 May in cases C-289/11P and C290/11P, the Court of Justice upholds the Commission decision of 20 September 2006 imposing a fine of €46.8 million on Legris Industries, €18.56 million of which was to be paid jointly and severally with its 99% owned subsidiary Comap, for their participation in a cartel on the copper fittings market from 31 January 1991 to 1 April 2004. The Court thus upholds the decisions of the General Court of 24 March 2011 (rulings C-376/11 and C-377/11) rejecting the appeals of the two companies. The Court told the companies, which were seeking annulment of the decisions or a reduction of the fines imposed on them, that, where a company challenges a Commission cartel decision, it is for the General Court alone to examine and assess the facts. The Court is competent only to review the legal classification of those facts and the legal consequences drawn from them by the General Court. (FG/transl.rt)

 

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