104When calculating the fines imposed on undertakings which have participated in a cartel, applying differential treatment to the undertakings concerned is therefore inherent to the powers held by the Commission in that respect. In the context of its discretion, the Commission is required to tailor the penalty according to the conduct and characteristics of those undertakings in order to ensure, in each case, the full efficiency of the European Union competition rules (judgment of 12 November 2009 in Case C-564/08 P SGL Carbon v Commission, paragraph 43 and the case-law cited).
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.