The fining policy of the European Commission in competition cases
Publication date : 02/07/2009 | Document Number : 225/659
Highlights
- The role of fines in effective competition enforcement
- Calculation methods
- The institutional and the procedural framework
- The level of fines
ICC condemns anticompetitive behaviour (cartels and abuses of dominant positions) and supports the appropriate, objective, and proportionate enforcement of competition laws, which focuses on fostering compliance, and not just punishment and deterrence. However, ICC is concerned that the above principles in competition law enforcement are not sufficiently reflected in the manner in which fines are imposed in the EU.
First, ICC believes that the imposition of fines - in particular at such
a high level - is only defensible where the rules governing the
determination of sanctions in EU competition cases comply with the
requirements of “fair trial” as generally understood in democratic
countries.
ICC is concerned that increasingly this does not appear to be the case.
Second,
growing broad-based criticism raises important questions regarding the
current calculation methods and parameters used in determining the level
of fines. In view of this situation, ICC offers the following
observations intended for the Members of the European Parliament, the
Members of the European Commission, and the Representatives of the
Member States.
For further information, please contact
Caroline INTHAVISAY
Policy Manager, Competition and Transport & Logistics
Tel:
+33 (0)1 49 53 28 37
caroline.inthavisay@iccwbo.org