Judgment of the General Court of 27 February 2014 – LG Display and LG Display Taiwan v Commission
(Case T-128/11) 1
(Competition – Agreements, decisions and concerted practices – Worldwide market for liquid crystal display (LCD) panels – Agreements and concerted practices concerning prices and production capacity – Internal sales – Rights of the defence – Fines – Partial immunity from fines – Single and continuous infringement – Ne bis in idem principle)
Language of the case: English
Parties
Applicants: LG Display Co. Ltd (Seoul, South Korea); and LG Display Taiwan Co. Ltd, (Taipei, Taiwan) (represented by: A. Winckler and F.-C. Laprévote, lawyers),
Defendant: European Commission (represented by: P. Van Nuffel and F. Ronkes Agerbeek, Agents, and by S. Kingston BL)
Re:
Application for partial annulment of Commission Decision C(2010) 8761 final of 8 December 2010 relating to a proceeding under Article 101 [TFEU] and Article 53 of the Agreement on the European Economic Area (Case COMP/39.309 – LCD – Liquid Crystal Displays), and for reduction of the fine imposed on the applicants by that decision.
Operative part of the judgment
The Court:
Sets at EUR 210 000 000 the fine imposed jointly and severally on LG Display Co. Ltd and LG Display Taiwan Co. Ltd in Article 2 of Commission Decision C(2010) 8761 final of 8 December 2010 relating to a proceeding under Article 101 [TFEU] and Article 53 of the Agreement on the European Economic Area (Case COMP/39.309 – LCD – Liquid Crystal Displays);
Dismisses the action as to the remainder;
Orders LG Display and LG Display Taiwan to bear their own costs and to pay three-quarters of the costs incurred by the European Commission;
Orders the Commission to bear one-quarter of its own costs.
____________1 OJ C 130, 30.4.2011.