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French Senate clears amendment to curb ‘disproportionate’ antitrust fines

By Matthew Newman ( May 6, 2015, 16:06 GMT | Insight) -- Senators in France have amended an economic reform law to try to ensure that the national competition authority’s “sometimes disproportionate” fines don’t endanger the “economic viability” of companies. But the antitrust authority adopted a cartel decision today showing that it already takes companies’ financial situations into account when imposing sanctions.Senators in France have amended an economic reform law to try to ensure that the national competition authority’s “sometimes disproportionate” fines don’t endanger the “economic viability” of companies....

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