EC re-imposes cartel fine on envelope maker Printeos

摘要

The European Commission (EC) re-imposed a fine on Spanish envelope maker Printeos (formerly Tom-pla) for price fixing, which was annulled last year. The €4.7m fine was annulled last year by the General Court for insufficient reasoning concerning discretionary fine reductions. Printeos and four other manufacturers (Bong, GPV, Hamelin, Mayer-Kuvert) entered into a settlement agreement with the EC in 2014. As part of the agreement, the fines for Prin-teos/Tompla as well as the other companies were reduced by 10% by way of a leniency programme.