A PYMNTS Company

Netherlands: Competition Authority overruled on fines to individuals

By  |  November 16, 2012
Netherlands: Competition Authority overruled on fines to individuals

The Rotterdam District Court has overturned a ruling by the Dutch Competition Authority that imposed fines on an individual, a power held by the Authority and other EU antitrust authorities. The Dutch Competition Authority ordered a fines of about €20 million to newspaper publisher Wegener and three of its executives, as well as €250,000 each to supervisory directors, over non-compliance with a merger remedy; the Rotterdam District Court has overturned the authority’s ruling against the publishing company’s individuals, ruling that individuals cannot be held liable for the infringements except in “exceptional circumstances.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Association of Corporate Counsel

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.