Press Release: Antitrust: Commission repeals Heat Stabilisers cartel decision for Ciba/BASF and Elementis after EU Court judgment

The European Commission has repealed a decision of 11 November 2009 finding a cartel in the market for heat stabilisers in so far as it concerns the companies Ciba/BASF and Elementis.

A judgment of the Court of Justice of 29 March 2011 in an unrelated case clarified the legal rules as to limitation periods for the imposition of fines by the Commission under Articles 101 and 102 of the Treaty.

As a result of that clarification, it was clear that the Commission decision of 2009 was incorrect in that the limitation period on these two companies had expired.

ESO: Background Information: Press Release: Antitrust: Commission fines plastic additives producers €173 million for price fixing and market sharing cartels http://www.europeansources.info/record/press-release-antitrust-commission-fines-plastic-additives-producers-e173-million-for-price-fixing-and-market-sharing-cartels/

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