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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.