Recovery of fines waiver

Waiver of the recovery of fines

Fines are imposed to be enforced. There may however be exceptional situations where fines cannot be recovered and may therefore be waived (for exceptional fine reductions/cancellations on inability to pay grounds see 1.2.1.2. above). The waiver of recovery of fines is governed notably by Article 73 of the Financial Regulation and Articles 87 et seq of the Implementing Rules.

Resources

See Also

References

• Information about Recovery of fines waiver in the Antitrust Manual of Procedures for the application of Articles 101 and 102 TFEU (Internal DG Competition)

Further Reading

• Information about Recovery of fines waiver in EU Competition Procedure, 3rd. Edition, Edited by Luis Ortiz Blanco (Oxford University Press)