Berichten Getagged: European Law

Euro Interest Rate Derivatives cartel: European Commission corrects insufficient reasoning in decisions and imposes fines.

The European Commission adopted two decisions regarding the Euro Interest Rate Derivatives cartel, by which several European banks allegedly manipulated interest rates, such as the Euribor, for derivative products, which the Commission deemed contrary to Article 101 TFEU. The Commission initiated an investigation in 2008 following a request for a fine exemption by a bank…. Lees meer »