ISSN 1008-2204
CN 11-3979/C
Wu Jin, He Yan. The Fining Policy Appliedon Cartel Cases in EC Competition Law[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2012, 25(1): 57-62,84.
Citation: Wu Jin, He Yan. The Fining Policy Appliedon Cartel Cases in EC Competition Law[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2012, 25(1): 57-62,84.

The Fining Policy Appliedon Cartel Cases in EC Competition Law

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  • Received Date: March 19, 2011
  • Published Date: January 24, 2012
  • As an important penalty used by EC Commission in Cartel cases, Fining policy is developed quickly in past years and established its own operation system especially during the modernization of EC Competition Law in 2004. The present fine policy system further increases the clearness and transparence of the specific criteria of fine, clarifies the conditions and procedure, strengthens the determinacy and anticipation of fine policy thereby boosting its deterrent effect. Coupled with some other methods for immunity or a reduced fine, fine policy constitute the most efficient weapon in the Commission's armory to fight Cartels.
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    [4] EUROPA. Competition: Commission fines 14 companies a total of 266.717 million for price fixing of road bitumen in the Netherlands.Brussels: Press Releases of European Commission,2006.
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