EU Court: Single Meeting Of Rival Cos Can Constitute Cartel
June 04 2009 - 4:35AM
Dow Jones News
A single meeting between rival companies can constitute illegal
anticompetitive behavior, Europe's highest court ruled
Thursday.
The case concerns a 2001 meeting between five mobile telephone
operators in the Netherlands -Ben Nederland, now T-Mobile
International; KPN Mobile NV; Dutchtone, now Orange;
Libertel-Vodafone, now Vodafone and Telfort Mobile - which was held
to discuss a commission to be paid to retailers as of September
2001.
"A single meeting between companies may constitute a concerted
practise in breach of (European ) Community competition law," the
court said in a statement.
The case will now go back to the Dutch court for a final
ruling.
-By Mike Gordon, Dow Jones Newswires; +352 691 180 766;
mgordon.dowjones@gmail.com