Press Release: Judgment in Case C-231/14 P InnoLux Corp. v Commission

Author (Corporate)
Series Title
Series Details No.79/15 (09.07.15)
Publication Date 09/07/2015
Content Type

The European Court of Justice confirmed on 09 July 2015 the €288 million fine imposed on InnoLux for its participation in the cartel on the market for LCD panels.

The Court considered that when the goods concerned by the cartel have been incorporated in to finished products by a vertically-integrated undertaking outside the European Economic Area (EEA), the European Commission may take into account, for the purposes of calculating the fine to be imposed on that undertaking because of the cartel, the sales of its finished products in the EEA to independent third-party undertakings.

Source Link http://curia.europa.eu/jcms/upload/docs/application/pdf/2015-07/cp150079en.pdf
Related Links
ESO: Background information: Antitrust: European Commission fines six LCD panel producers €648 million for price fixing cartel http://www.europeansources.info/record/press-release-antitrust-european-commission-fines-six-lcd-panel-producers-e648-million-for-price-fixing-cartel/
Politico, 09.07.15: Court upholds EC’s global reach on cartels http://www.politico.eu/article/court-upholds-ecs-global-reach-on-cartels/

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