EU court backs EU Commission fine against Michelin

Newswire

LUXEMBOURG, Sept 30 (Reuters) - The Court of First Instance ruled on Tuesday that the European Commission's 2001 fine against tire maker Michelin of 19.76 million euros ($16.87 million) is correct. "The Court of First Instance upholds the Commission's decision to fine Michelin for practices which are unfair to its dealers," the court said. The Commission imposed the fine against Michelin for its tire replacement practices for heavy vehicles in France during the 1990s. The European ...

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