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NKT wins power cables fine reduction at EU's top court

( May 14, 2020, 13:39 GMT | Official Statement) -- MLex Summary: NKT Verwaltung and NKT have won a 200,000 euro fine reduction at the EU Court of Justice. Judges annulled parts of the European Commission decision that imposed an about 3.9 million euro penalty on them jointly and severally for their role in a cartel among makers of undersea high-voltage power cables....

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