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Europe Daily Bulletin No. 8598

4 December 2003
Contents Publication in full By article 35 / 39
GENERAL NEWS / (eu) eu/court of first instance
European Commission decision to impose fine of EUR 30 million on Volkswagen is annulled

Luxembourg, 03/12/2003 (Agence Europe) - The Court of First Instance has annulled the 2001 decision of the European Commission which finds the German vehicle manufacturer, Volkswagen, guilty of anti-competitive practice in 1996 and 1997, imposing a fine of EUR 30.96 million on the company, a Court of First Instance press release states. The Commission has not proven that such an agreement exists between the manufacturer and its dealers to impose a sales price through banning all discounts on...

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GENERAL NEWS