Language of document :

Judgment of the General Court of 12 July 2018 — The Goldman Sachs Group v Commission

(Case T-419/14) 1

(Competition — Agreements, decisions and concerted practices — European market for power cables — Decision finding an infringement of Article 101 TFEU — Single and continuous infringement — Imputability of the infringement — Presumption — Error of assessment — Presumption of innocence — Legal certainty — Principle of personal responsibility — Unlimited jurisdiction)

Language of the case: English


Applicant: The Goldman Sachs Group, Inc. (New York, New York, United States) (represented by: W. Deselaers, J. Koponen and A. Mangiaracina, lawyers)

Defendant: European Commission (represented by: C. Giolito, L. Malferrari, H. van Vliet and J. Norris-Usher, acting as Agents)

Interveners in support of the defendant: Prysmian SpA (Milan, Italy) and Prysmian Cavi e Sistemi Srl (Milan) (represented by: C. Tesauro, F. Russo and L. Armati, lawyers)


Application under Article 263 TFEU for the annulment of Commission Decision C(2014) 2139 final of 2 April 2014 relating to a proceeding under Article 101 [TFEU] and Article 53 of the [EEA] Agreement (Case AT.39610 — Power cables) in so far as it concerns the applicant and, in the alternative, a reduction of the fine imposed on the applicant.

Operative part of the judgment

The Court:

Dismisses the action;

Orders The Goldman Sachs Group, Inc. to bear its own costs and to pay those of the European Commission;

Orders Prysmian SpA and Prysmian Cavi e Sistemi Srl to bear their own costs.


1     OJ C 282, 25.8.2014.