Watchdog's Copper Cartel Loss Sheds Light On EU Principle

Law360, New York (January 22, 2013, 6:48 PM EST) -- The European Union's highest court on Tuesday rejected the European Commission's bid to reinstate €1 million ($1.3 million) of a copper cartel fine against Tomkins PLC, providing new guidance on a principle that bars the bloc's courts from ruling on issues not raised in a party's appeal.

The General Court did not decide more than Tomkins and its subsidiary had asked it to — known as ruling "ultra petita" — when it pared down antitrust penalties against the companies in 2011, the European Court of Justice...
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