ECJ AMINO ACIDS CASE DEGUSSA GERMANY
April 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Court of Justice (ECJ) has reduced a fine levied by the European Commission against Germany's Degussa from Euro 118.1 to 91.1 million regarding an amino acid cartel case. It found that although the Commission correctly viewed the 1986-1999 methionine cartel as "serious", in evidence "the concrete effects of the infringement only partially were shown". So, the court cut by Euro 5 million to Euro 30 million the basic fine linked to the "gravity of the infringement". The court used this amount to compute ...
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