The Cost Of Compliance: Breaking Seals In Dawn Raids
December 14, 2012, 12:48 PM EST
Law360, New York (December 14, 2012, 12:48 PM EST) -- The Court of Justice of the European Union has dismissed an appeal by the German energy company E.ON Energie AG against a lower court’s judgment upholding a European Commission decision imposing a fine of €38 million (approximately $49 million) on E.ON for breaking a seal during an EU competition inspection or “dawn raid.”
The practices at issue involving E.ON in this case are not isolated areas of commission enforcement; or is the case unique to the energy sector. It is an example of a number of...