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...