Order of the Court (First Chamber) of 11 September 2008 - Coats Holdings and Coats v Commission
(Case C-468/07 P)
Appeals - Article 119 of the Rules of Procedure - Competition - Agreements, decisions and concerted practices - Fine - Claim seeking reduction of the fine set by the Court of First Instance
1. Appeals - Jurisdiction of the Court - Whether it may review, on grounds of fairness, the appraisal at first instance of the amount of a fine imposed on an undertaking - Excluded (Art. 81 EC; Statute of the Court of Justice, Art. 56; Council Regulation No 1/2003, Art. 23) (see paras 23-24)
2. Competition - Fines - Amount - Determination - Legal context - Guidelines on the method of setting fines for infringements of the competition rules - Included (Council Regulation No 1/2003, Art. 23; Commission Notice 98/C 9/03) (see para. 28)
Re:
Appeal against the judgment delivered by the Second Chamber of the Court of First Instance on 12 September 2007 in Case T-36/05 | Coats Holdings and Coats | v | Commission | by which that Court partly annulled Commission Decision C(2004) 4221 final of 26 October 2004 relating to a proceeding under Article 81 EC (Case COMP/F-1/38.338 - PO/Needles) concerning market-sharing agreements in respect of haberdashery products and geographic market-sharing agreements, and set the amount of the fine imposed on the applicants at EUR 20 million - Application for the fine to be reduced. |
Operative part
The Court:
1. |
Dismisses the appeal; |
2. |
Orders Coats Holdings Ltd and J & P Coats Ltd to pay the costs. |