ECJ Pulls Plug On Italian Cable Maker's Cartel Fine Fight

Law360, London (September 24, 2020, 3:56 PM BST) -- Europe's top court on Thursday upheld a €104 million ($121 million) fine imposed on one of the world's largest cable makers over a high-voltage power cable cartel, ruling that antitrust authorities were authorized to copy data from the manufacturer's computers.

The European Court of Justice on Thursday upheld a €104 million fine penalizing Prysmian for orchestrating a global cartel between 1999 and 2009. (Photo by Miguel Medina/AFP via Getty Images) The European Court of Justice rejected a challenge to the European Commission's 2014 fine penalizing Prysmian SpA for orchestrating a global cartel between 1999 and 2009.

Judges for the Luxembourg-based court...

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