The Commission's Fining Policz in Competition Cases
Vol.4,No.2(1996)
In recent years the Commission has been imposing much heavier fines for obvious infringements of the competition rules such as dividing up the common market and price fixing.
Many factors influence the Commission when deciding how large a fine to impose. These include the length and gravity of the infringement, the behaviour of the parties, the product market, profits they derive from the unlawful behaviour. Various issues may be relevant in mitigation, including the willingness with wich the parties agreed with the Commission to terminate the behaviour to which it objected.
Under Article 172 of the EEC Treaty, the ECJ has unlimited jurisdiction to hear appeals against fining decisions. Payment of fines may be enforced in member States in the same way as domestic judgments.
It is submitted that the Commission's fining policy needs to become more transparent. Senior Commission official suggested that the Commission should take inspiration from the U.S. experience and issue sentencing guidelines containing a transparent set of minimum tariffs for fines.
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Copyright © 2018 Tomáš Fiala