The Court of Justice does not often interfere, on appeal, with the way fines for competition cases are calculated and scrutinised by the General Court. It will do so, however, if an error of law is made, for example.
In Case C-408/12 P YKK Corporation and others v Commission EU:C:2014:66 the Court of Justice did find an error and it did readjust the amount of the fine imposed on a company for infringing the competition rules. Here’s what happened….
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Right then, folks, brace yourselves…. The much awaited judgment of the General Court in Case T-286/09 Intel v Commission EU:T:2014:472 came out today.
It’s a whopper ! 255 pages. Summarising it is reminds me of Monty Python’s sketch of the “Summarising Proust Competition“. The Court has taken the trouble to publish extracts or highlights. But even the abridged version is quite long.
There’s a lot in the judgment: substantive law, procedure, evidence, international jurisdiction….Far too much to deal with in a single post so we’ll have several instalments. Today’s will be just a basic summary and introduction.
In short, the Commission wins. And wins everything. Continue reading →