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Europe Daily Bulletin No. 8381

18 January 2003
Contents Publication in full By article 23 / 42
GENERAL NEWS / (eu) eu/competition
Schneider introduces compensation measures against Commission

Brussels, 17/01/2003 (Agence Europe) - French electrical equipment producer Schneider Electric intends to seek compensation from the European Commission at the European court of Justice in Luxembourg. The Commission opposed the merger between Schneider and Legrand in October 2001 and demanded that Schneider sell the Legrand shares it had almost totally bought up. Schneider then appealed to the ECJ and won its case on 22 October (see EUROPE 23 October p 10). The Court had judged that the...

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