Case T- 419/14 The Goldman Sachs Group v Commission (power cables cartel) [Archived]
Case T- 419/14 The Goldman Sachs Group v Commission (power cables cartel) [Archived]

The following Competition guidance note provides comprehensive and up to date legal information covering:

  • Case T- 419/14 The Goldman Sachs Group v Commission (power cables cartel) [Archived]
  • Case facts
  • Timeline
  • Commentary
  • Relevant/similar cases

CASE HUB (NOTE—appeal lodged before the Court of Justice in Case C- 595/18)

ARCHIVED—this archived case hub reflects the position at the date of the judgment of 12 July 2018; it is no longer maintained.

See further: timeline, commentary, and relevant/similar cases.

Case facts

Outline Appeal to the General Court seeking annulment (in whole or in part) and/or reductions in the level of fines imposed regarding the Commission's decision of 2 April 2014 in which the Commission imposed fines totalling €301.6m on producers of high-voltage power cables for their participation in a worldwide market-sharing and customer-allocating cartel (the power cables cartel) including a fine of €37.3m against The Goldman Sachs Group.

Also see case hub on other judgments in relation to power cables cartel issued by General Court on 12 July 2018 at Cases T- 422/14, T- 438/14, T- 439/14, T- 441/14, T- 444/14, T- 445/14, T- 446/14, T- 447/14, T- 448/14, T- 449/14, T- 450/14, T- 451/14, T- 455/14, T- 475/14 Viscas and others v Commission (power cables cartel).

Outcome On 12 July 2018, the General Court dismissed a large number of actions for the annulment of the European Commission’s infringement decision in Power Cables (Case AT.39610) in