Court recognises low involvement of Campine in battery case
07 Novembre 2019 - 10:48AM
Court recognises low involvement of Campine in battery case
Regulated information -07 November 2019 –
10:15
Court recognises low involvement of Campine in
battery case
On November 7, 2019, the General Court of the EU communicated
its verdict in the appeal of Campine against the European
Commission’s decision to penalise Campine for alleged participation
in a purchase cartel in the European market of car battery
recycling (case 40018 communicated by the EU commission on
8/2/2017).
The court’s verdict is to reduce the imposed fine with 3,9 mio €
to 4,3 mio € from an original amount of 8,2 mio €.
“We are glad the court already recognized the very low
involvement of Campine in the alleged cartel actions in the period
2009 – 2012” comments chairman Patrick De Groote, “We are still of
the opinion that Campine did not actively participate in a cartel
formation but was dragged along into this by one of our customers.”
he adds. Campine is now awaiting the detailed motivation of the
court and the reaction of the EU commission to assess its legal
options
For further information you can contact Karin
Leysen (tel. no +32 14 60 15 49) Karin.Leysen@campine.com
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