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Europe Daily Bulletin No. 11824

7 July 2017
Contents Publication in full By article 29 / 37
COURT OF JUSTICE OF THE EU / Competition
€61.44 million fine imposed on Toshiba for participation in GIS cartel is final
Brussels, 06/07/2017 (Agence Europe)

On Thursday 6 July, the European Court of Justice upheld the €61.44 million fine imposed on Toshiba (of which €4.65 million to be paid jointly with Mitsubishi) for its participation in the gas insulated switchgear (GIS) cartel between 1988-2004 with 19 other European and Japanese companies (C-180/16 P).

In so doing, the Court rejects the appeal made by Toshiba against the judgments of 19 January 2016 by the General Court (see EUROPE 11471), which for the first time upheld those new...

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