Electrabel Fights Ruling Over €20M Merger Notification Fine

Law360, New York (May 7, 2013, 3:38 PM EDT) -- Electrabel SA has appealed a court ruling that upheld a €20 million ($26.2 million) fine over the company’s failure to alert the European Commission when it took control of a French energy company, according to a notice Saturday in Europe’s official journal.

GDF Suez SA unit Electrabel lodged an appeal of a December European Union General Court ruling that kept in place a penalty handed down by the European Commission, arguing, among other things, that the court inappropriately applied certain merger control provisions retroactively, an EU...
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