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The General Court of the European Union has rejected NSG Pilkington’s appeal to reduce a $445 million USD (€357 million Euros) fine over the company’s alleged antitrust violations in the sharing and exchange of commercially sensitive information regarding deliveries of automotive glass in the European Economic Area (EEA).
The General Court of the European Union has reduced the fine imposed on Saint-Gobain for illegal market sharing and exchange of commercially sensitive information regarding deliveries of automotive glass in the European Economic Area (EEA) from $1.2 billion in U.S. dollars (€880 million Euros) to $984 million in U.S. dollars (€715 million Euros). The fine was imposed in 2008 and Saint-Gobain had asked the court for an annulment of the decision.