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Wednesday, April 23, 2025

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Tech Cartel

Though it <a href="http://www.courthousenews.com/wp-content/uploads/2018/09/philips.pdf"><strong>dismissed an appeal</strong></a> by Philips, which was fined about $23.7 million for fixing prices in the smart card chip sector, the European Court of Justice called Wednesday for an assessment of whether the $97 million fine given to <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/09/philips.pdf">Infineon Technologies</a></strong> was proportional.

LUXEMBOURG – Though it **dismissed an appeal by Philips, which was fined about $23.7 million for fixing prices in the smart card chip sector, the European Court of Justice called Wednesday for an assessment of whether the $97 million fine given to Infineon Technologies was proportional.

Categories / Appeals, International, Technology

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