EU’s highest judges reduce YKK’s zip-fasteners cartel fine by around EUR16.5 million
( September 4, 2014, 07:30 GMT | Official Statement) -- MLex Summary: The Court of Justice today lowered an antitrust sanction for zip maker YKK by around 16.5 million euros, saying the EU’s competition watchdog and the lower court were wrong to use the whole of YKK group’s turnover when fixing the 10 percent cap of the fine in relation to that part of the penalty for which YKK Stocko was exclusively liable.The ruling in C-408/12 P - YKK and Others v Commission is attached....
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