European CFI Upholds, but reduces, EC Fine of Peugeot

The European Court of First Instance has dismissed an action by Peugeot challenging an October 2005 European Commission decision fining Peugeot for obstructing exports of new cars between 1997 and 2003 from The Netherlands to consumers living in other Member States. The CFI upheld the decision, but reduced the fine from €49.5m to €44.55m because the Commission had adequately considered role that price differentials had played in reducing exports.

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