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THE GENERAL COURT RULES ON 5 APPEALS AGAINST CANDLE WAX CARTEL DECISION

paraffinOn 12 December 2014, the General Court of the European Union rejected (partially in one case) the appeals brought by Hansen & Rosenthal, Tudapetrol, ChemPharm, ENI and Repsol against the Commission decision of 1 October 2008. The Commission fined, on that occasion, nine wax producers for price fixing and market sharing and imposed a total of € 676.011.400 fines.

Five of those nine undertakings has pleaded infringement and misapplication of Article 101 TFEU by the Commission, especially with regard to the calculation of the fine.

The GC has rejected all arguments brought by the appellants related to the substantive issues of the case. With regard to Eni’s plea, the GC also held that the Commission was not entitled to find that ENI’s recidivism constituted an aggravating circumstance and therefore reduced ENI’s fine of the correspondent amount.

The judgements are available here:

Hansen & Rosenthal judgment >
Tudapetrol judgment >
ChemPharm judgment >
ENI judgment >
Repsol judgment >
Source: Curia

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