Press Release: Competition: Commission revises Guidelines for setting fines in antitrust cases

The European Commission on 28 June 2006 adopted new Guidelines on the method of setting fines to be imposed on companies that infringe EC Treaty rules outlawing cartels and other restrictive business practices (Article 81) and abuses of dominant position (Article 82). These Guidelines revised those adopted in 1998, with a view to increasing the deterrent effect of fines. These Guidelines were to apply to every anti-trust fines decision for which a Statement of Objections was notified to companies after the publication of the Guidelines in the Official Journal.

• Primary Source

European Commission: Memo: MEMO/06/256: Competition: revised Commission Guidelines for setting fines in antitrust cases – frequently asked questions, 28.6.06 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/06/256&format=HTML&aged=0&language=EN&guiLanguage=en

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