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Toshiba loses court appeal against EU fine for role in switchgear cartel

( July 6, 2017, 07:55 GMT | Official Statement) -- MLex Summary: Toshiba has lost a Court of Justice appeal against an EU decision on its involvement in a switchgear cartel. In a ruling handed down this morning, judges upheld a fine of 61.44 million euros against the company. The court said that even though EU investigators hadn't sent Toshiba a second charge sheet, the company's rights weren't infringed.Full statement follows. See the judgment attached....

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