Skip to main content

Court recognises low involvement of Campine in battery case

Written by Customer Service on . Posted in Public Companies.

Regulated information -07 November 2019 – 10:15Court recognises low involvement of Campine in battery caseOn November 7, 2019, the General Court of the EU communicated its verdict in the appeal of Campine against the European Commission’s decision to penalise Campine for alleged participation in a purchase cartel in the European market of car battery recycling (case 40018 communicated by the EU commission on 8/2/2017).The court’s verdict is to reduce the imposed fine with 3,9 mio € to 4,3 mio € from an original amount of 8,2 mio €.“We are glad the court already recognized the very low involvement of Campine in the alleged cartel actions in the period 2009 – 2012” comments chairman Patrick De Groote, “We are still of the opinion that Campine did not actively participate in a cartel formation but was dragged along into this by one of our customers.” he adds.
Campine is now awaiting the detailed motivation of the court and the reaction of the EU commission to assess its legal optionsFor further information you can contact Karin Leysen (tel. no +32 14 60 15 49)
 Karin.Leysen@campine.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.