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ARTICLE · 12 APRIL 2011

Competition Weekly Email Alert – 6 April 2011

Charles Russell Speechlys LLP
Charles Russell Speechlys LLP
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Charles Russell Speechlys LLP

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The European Commission has adopted a decision amending the fines imposed on ArcelorMittal and OriMartin/Siderurgica Latina Martin for their involvement in a price-fixing and market-sharing cartel in prestressing steel.

United KingdomAntitrust/Competition Law
Paul Stone
Paul Stone

In the News

The European Commission has adopted a decision amending the fines imposed on ArcelorMittal and OriMartin/Siderurgica Latina Martin for their involvement in a price-fixing and market-sharing cartel in prestressing steel. The latest amendment to the fines reduces the total fines imposed substantially to EUR296 million. In the case of ArcelorMittal, it has been reported that the reduction in fines stems from the inability of the company's subsidiaries to pay. Click here.

Microsoft has lodged a formal complaint with the European Commission as part of the Commission's ongoing investigation into whether Google has breached Article 102 of the TFEU. Microsoft is complaining about a "pattern of actions that Google has taken to entrench its dominance in the markets for online search and search advertising to the detriment of European consumers". Click here.

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