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European Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • General Introduction

  • Part 1: Introduction

  • Part 3: Procedure

    • Title 1: Introduction

    • Title 6: Commission decision

      • Chapter 3: Cease and desist orders

      • Chapter 4: Fines

        • Section 2: Ceiling

        • Section 4: Payment

        • Section 5: Conditions for imposing fines

      • Chapter 5: Publication of the decision

      • Chapter 6: Statute of limitations

      • Chapter 7: Periodic penalty payment

267. Global turnover

1 minute de lecture

The maximum amount of the fine is set, for each undertaking or association of undertakings participating in the offense, at 10% of the total turnover achieved in the preceding business year . The rule for taking into consideration the turnover of the last business year prior to the adoption of the decision is not mandatory and the possibility for the Commission to derogate from it is not limited t …

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