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Image header Agence Europe
Europe Daily Bulletin No. 11050
Contents Publication in full By article 24 / 37
ECONOMY - FINANCE - BUSINESS / (ae) competition

Ballast Nedam's fine reduced

Brussels, 28/03/2014 (Agence Europe) - In case C-612/12 P on Thursday 27 March, the European Court of Justice reduced Ballast Nedam and its subsidiary Ballast Nedam Grond en Wegen BV (BNGW)'s fine for price-fixing from June 1996 to October 2000 on the road pavement bitumen market in the Netherlands from €4.65 million to €3.45 million. In 2012, in case T-261/06, the European General Court dismissed Ballast Nedam NV's action for annulment. Ballast Nedam NV then brought an appeal before the...

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