smart card chip cartel The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case.
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0 · The General Court orders that the fine imposed on Infineon
1 · General Court of the European Union
2 · EU fines Samsung, Philips and Infineon over smartcard chip
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By decision of 3rd September 2014,1 the Commission established the existence, from 2003 to .The General Court dismisses the actions of Philips and Infineon in the smart card chip market . The European Union fined Infineon, Philips and Samsung a total of 138 million .By decision of 3rd September 2014,1 the Commission established the existence, from 2003 to 2005, of a cartel in the smart card chip sector in the European Economic Area (EEA).
The General Court dismisses the actions of Philips and Infineon in the smart card chip market cartel By decision of 3 September 2014,1 the Commission imposed fines totalling approximately €138 million on four companies2 for having coordinated, from 2003 to 2005, their conduct on the smart card chip market in the European Economic Area (EEA). The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case.
In the context of the cartel in the smart card chip market, the Court refers the case involving Infineon Technologies back to the General Court to assess the proportionality of the fine imposed, and dismisses the appeal lodged by Philips. BRUSSELS -- The European Union fined Infineon, Philips and Samsung (IW 1000/14) a total of 138 million euros (US1 million) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case against technology firms.The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case. Gemalto had sufficient reason to believe it may have been the victim of the smart card chip cartel by the time the European Commission issued its statement of objections, a UK court has ruled.
A group of smart card chipmakers may have taken part in a cartel to keep prices high in breach of EU antitrust rules, the European Commission said on Monday. The European Commission (“Commission”) has imposed fines totalling €138 million on the participants in a cartel involving smart card chips in the EEA. Smart card chips are used in mobile telephone SIM cards, bank cards, identity cards and passports, pay TV cards, and various other applications. The European Commission announced on Monday that it has launched a formal investigation into a group of smartcard chip suppliers who are suspected of breaking the European Union's antitrust laws by operating a cartel, and has sent letters detailing its concerns to .By decision of 3rd September 2014,1 the Commission established the existence, from 2003 to 2005, of a cartel in the smart card chip sector in the European Economic Area (EEA).
The General Court dismisses the actions of Philips and Infineon in the smart card chip market cartel By decision of 3 September 2014,1 the Commission imposed fines totalling approximately €138 million on four companies2 for having coordinated, from 2003 to 2005, their conduct on the smart card chip market in the European Economic Area (EEA).
The General Court orders that the fine imposed on Infineon
General Court of the European Union
The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case.In the context of the cartel in the smart card chip market, the Court refers the case involving Infineon Technologies back to the General Court to assess the proportionality of the fine imposed, and dismisses the appeal lodged by Philips.
BRUSSELS -- The European Union fined Infineon, Philips and Samsung (IW 1000/14) a total of 138 million euros (US1 million) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case against technology firms.
The European Union fined Infineon, Philips and Samsung a total of 138 million euros (181 million dollars) on Wednesday for fixing the prices of smartcard chips, in its latest anti-trust case. Gemalto had sufficient reason to believe it may have been the victim of the smart card chip cartel by the time the European Commission issued its statement of objections, a UK court has ruled. A group of smart card chipmakers may have taken part in a cartel to keep prices high in breach of EU antitrust rules, the European Commission said on Monday.
The European Commission (“Commission”) has imposed fines totalling €138 million on the participants in a cartel involving smart card chips in the EEA. Smart card chips are used in mobile telephone SIM cards, bank cards, identity cards and passports, pay TV cards, and various other applications.
EU fines Samsung, Philips and Infineon over smartcard chip
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smart card chip cartel|General Court of the European Union