The Court of Justice has set aside the General Court’s ruling in the Guardian case, providing a different approach to the calculation of the fine. The fine for a competition law infringement is generally calculated as a percentage of the undertaking’s annual sales of the product concerned by the infringement. The relevant sales are usually…
The Competition and Markets Authority, following its provisional decision of 18 July 2014, has launched a market investigation into the personal current account and SME retail banking sectors. The investigation is aimed at finding out if low levels of customers shopping around and switching, limited transparency of the market, barriers to entry, stability of market…
Today (10 November 2014), the Council formally adopted the corrigendum text as approved by the ECON Committee in September 2014 for the Directive on antitrust damages actions. The text was signed off without amendments and it is therefore expected that the text of the Directive, which will shortly be published in the Official Journal of…