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European Union – Rules on competition. The Court of Justice of the European Union (the Court) dismissed the appeal brought by LG Display Co. Ltd and LG Display Taiwan Co. Ltd, requesting that the Court set aside the judgment of the General Court of the European Union whereby the General Court had: (i) varied Commission Decision C(2010) 8761 final relating to a proceeding under art 101 of the Treaty on the Functioning of the European Union and art 53 of the Agreement on the European Economic Area (the contested decision), by setting at €210,00,000 the fine imposed jointly and severally on them; and (ii) dismissed, as to the remainder, their action for the partial annulment of that decision, in so far as it concerned them, and for a reduction in the amount of that fine.
European Union – Rules on competition. The Court of Justice of the European Union (the Court) dismissed the appeal brought by LG Display Co. Ltd and LG Display Taiwan Co. Ltd, requesting that the Court set aside the judgment of the General Court of the European Union whereby the General Court had: (i) varied Commission Decision C(2010) 8761 final relating to a proceeding under art 101 of the Treaty on the Functioning of the European Union and art 53 of the Agreement on the European Economic Area (the contested decision), by setting at €210,00,000 the fine imposed jointly and severally on them; and (ii) dismissed, as to the remainder, their action for the partial annulment of that decision, in so far as it concerned them, and for a reduction in the amount of that fine.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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