EU Court Shaves Peugeot Fine In Dutch Export Suit

Law360, New York (July 9, 2009, 12:00 AM EDT) -- A European court has affirmed the European Commission's decision to fine Automobiles Peugeot SA based on claims that the French automaker sought to block the export of cars from its Dutch subsidiary to the rest of the continent, but shaved 10 percent off the €49.5 million ($69.2 million) penalty.

The European Court of First Instance on Thursday dismissed an appeal from Peugeot and its Dutch unit of the commission's 2005 decision, despite the automaker's claims that the regulator made a series of errors, including misclassifying the...
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