Take No Comfort but the Level of Fines Imposed by the European Commission in 2015 for Competition Law Breaches was one of the Lowest in Years
Jan 2016
Article
The European Commission may impose fines for breaches of competition law. In particular, it may impose fines on "undertakings" (e.g., businesses) and "associations of undertakings" (e.g., trade associations). These fines can be very significant: fines may be up to 10% of worldwide turnover.
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