THE ECJ SETS ASIDE THE GENERAL COURT’S DECISION IN THE FLAT-GLASS CARTEL CASE AND REDUCES THE FINE ON GUARDIAN
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…