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Tuesday, April 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

EU Price-Fixing

The European Court of Justice upheld a $70 million fine Thursday against Toshiba for its price-fixing of gas-insulated switchgear.

LUXEMBOURG - The European Court of Justice upheld a $70 million fine Thursday against Toshiba for its price-fixing of gas-insulated switchgear. Mitsubishi faced a separate $90 million fine but did not appeal. Both companies are jointly and severally responsible for about 7.5 percent of the other’s fines.

Categories / Appeals, Business, International, Technology

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