Order of the President of the General Court of 10 June 2011 - Companhia Previdente v Commission

(Case T-414/10 R)

(Interim measures - Competition - Commission decision imposing a fine - Bank guarantee - Application to suspend the operation of a measure - Financial loss -Lack of exceptional circumstances - Lack of urgency)

Language of the case: Portuguese

Parties

Applicant: Companhia Previdente - Sociedade de Controle de Participações Financeiras S.A. (Lisbon, Portugal) (represented by: D. Proença de Carvalho and J. Caimoto Duarte, lawyers)

Defendant: European Commission (represented by: F. Castillo de la Torre. V. Bottka and P. Costa de Olivera, Agents, assisted by M. J. Marques Mendes, lawyer)

Re:

Application to suspend the operation of Commission Decision C(2010) 4387 final of 30 June 2010 relating to a proceeding under Article 101 TFEU and Article 53 of the EEA Agreement (Case COMP/38.344 - Pre-stressing steel) and to dispense the applicant from the obligation to establish a bank guarantee so as to avoid immediate recovery of the fine imposed under Article 2 of that decision.

Operative part of the order

1.    The application for interim measures is dismissed.

2.    Costs are reserved.

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