EU High Court Urged To Nix €3M ThyssenKrupp Fine

Law360, New York (October 26, 2010, 4:32 PM EDT) -- An adviser on Tuesday urged the European Union's highest court to overturn a €3.17 million ($4.5 million) antitrust fine against a unit of ThyssenKrupp AG for its alleged role in a conspiracy to fix the price of stainless steel more than 15 years ago.

In a trio of nonbinding opinions, Advocate General Yves Bot also recommended that the European Court of Justice largely reject appeals from three subsidiaries of steel giant ArcelorMittal challenging a total of €10 million in fines for their alleged involvement in a...
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