74With regard to judicial review of decisions made by the Commission imposing a fine or periodic penalty payment for infringement of the competition rules, in addition to the review of legality provided for by Article 263 TFEU, the European Union judicature has the unlimited jurisdiction which it is afforded by Article 31 of Regulation No 1/2003, in accordance with Article 261 TFEU, and which empowers it to substitute its own appraisal for the Commission’s and, consequently, to cancel, reduce or increase the fine or periodic penalty payment imposed (see, to that effect, judgment in Schindler Holding and Others v Commission, C‑501/11 P, EU:C:2013:522, paragraph 36 and the case‑law cited).
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