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The european commission adopts a new method for calculating monetary sanctions

December 2007 - Corporate & Commercial. Legal Developments by Bersay & Associés .

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Based on eight years’ experience in the implementation of the 1998 guidelines on the method of setting fines, the European Commission adopted, on 26 June 2006, a new method for calculating fines levied on undertakings violating the antitrust
provisions of the Treaty (Article 81) and abuses of a dominant position (Article 82). This has taken the form of new guidelines, with the announced purpose of making the fines
levied more dissusasive so as to increase compliance with competition rules.

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