Author (Corporate) | European Commission: Press and Communication Service |
---|---|
Series Title | Press Release |
Series Details | IP/00/764 (12.7.00) |
Publication Date | 12/07/2000 |
Content Type | News |
On 12.7.00 the European Commission decided to impose fines on Mitsubishi Heavy Industries for failing to supply information with regard to a joint venture in 1999 between Kvaerner and Ahlström. This is the first time the Commission has fined a company other than a notifying party in merger proceedings. This is also the first time that a periodic penalty payment is imposed on an undertaking in such proceedings. |
|
Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/764&format=HTML&rapid=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Europe |