The European Commission has fined 8 international financial institutions a total of € 1,712,468,000 for participating in illegal cartels in markets for financial derivatives covering the European Economic Area (EEA). Four of these institutions participated in a cartel relating to interest rate derivatives denominated in the euro currency. Six of
Tag: FAQ
FAQ: Credit default swaps – investigation proceedings
Q&A: misuse of mobile phone standard-essential patents
What is an injunction? An injunction is a court order aiming at preventing the continuation of a patent infringement. Generally, it includes the prohibition to sell the product infringing the patent. Such injunctions can be preliminary – as a precautionary measure typically for the time of the assessment of the case
Settlement procedure for cartels – FAQ
Why does the Commission introduce a settlement procedure? Where the parties to a cartel case agree with the Commission findings, the Commission wants to be able to use an instrument to speed up the adoption of a Decision. This should free resources to deal with other cases, increasing the detection rate and