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Legal Briefing
EU Cartels: A new era of recession-friendly fining
Practice Area: EU Competition Law
Sector: Business services
Jurisdiction: European Union
Published: 24 June 2010
Law Firm: Dewey & LeBoeuf
Overview
The European Commission (Commission) yesterday announced fines
imposed on seventeen companies totalling EUR 622 million for a price fixing cartel relating to bathroom equipment (IP/10/790). This is the
Commission's second cartel decision of 2010 and follows the
Commission's first cartel settlement of the DRAM proceedings last
month (IP/10/586).
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