Panasonic Corp and another company v European Commission

European Union – Rules on competition. The applicant companies sought the annulment of the respondent European Commission's decision that they had been involved in a cartel and the annulment or reduction of the fines imposed on them. The General Court of the European Union dismissed the challenge to the finding of cartel involvement, but reduced the fines, as the Commission had departed from the 2006 Guidelines on the method of setting fines imposed as to the requirement to take an undertaking's best available figures of the value of sales.

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