PRESS RELEASE No 35/04
29 April 2004
Judgment of the Court of First Instance in Joined Cases T-236/01, T-239/01,
T-244/01, T-245/01,
T-246/01, T-251/01 and T-252/01
Tokai Carbon, SGL Carbon, Nippon Carbon, Showa Denko, GrafTech International, SEC Corporation and
C/G Group v Commission of the European Communities
THE COURT OF FIRST INSTANCE REDUCES THE FINES IMPOSED BY THE DECISION OF
THE COMMISSION AGAINST AN ANTI-COMPETITIVE CARTEL IN THE GRAPHITE ELECTRODE MARKET
The total amount of the fines is reduced from EUR 207.2 million to
EUR 152.8 million
Seven of these companies appealed against this decision to the Court of First
Instance, requesting in particular a reduction of their fines.
By todays judgment, the Court of First Instance has found that the Commission
had misapplied certain rules imposed by the Commission itself by its guidelines on
the method of calculating fines imposed in accordance with Community competition law. The
Court of First Instance has therefore reduced the fines imposed on the companies
to approximately EUR 153 million in total. This reduction has had the greatest
impact on the fines imposed on the four Japanese companies (Tokai Carbon, Nippon
Carbon, Showa Denko and SEC Corporation).
However, the Court of First Instance has partially allowed the request of the
Commission to withdraw the reduction of the fine initially granted by the Commission
to Nippon Carbon and SGL Carbon for not contesting facts. As a result,
as these two companies contested facts before the Court of First Instance to
which they had previously admitted, the initial reduction of the fine has been
diminished.
Company |
Fine imposed by the Commission (EUR) | Amount after reduction by CFI (EUR) |
Tokai Carbon
Co. Ltd. |
24,500,000 | 12,276,000 |
SGL Carbon AG |
80,200,000 | 69,114,000 |
Nippon Carbon Co. Ltd. |
12,200,000 | 6,274,400 |
Showa Denko KK |
17,400,000 | 10,440,000 |
GrafTech International Ltd. (UCAR) |
50,400,000 | 42,050,000 |
SEC Corporation |
12,200,000 | 6,138,000 |
The Carbide/Graphite Group, Inc. (C/G Group) | 10,300,000 | 6,480,000 |
Total | 207,200,000 | 152,772,400 |
Available languages: English, French and German. The full text of the judgment can be found on the internet (www.curia.eu.int ). In principle it will be available from midday CET on the day of delivery. For additional information please contact Christopher Fretwell. Tel: (00352) 4303 3355 Fax: (00352) 4303 2731 |