Competition | European Encyclopedia of Law

Fine

Fine

Fine in the European Union Law

Concept of Fine provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): A monetary penalty imposed by a Commission decision on an under-taking, for a violation of EC competition rules.

(See in particular: Article 15 of Regulation No 17 and Article 14 of the merger regulation.)

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