Hengeler Mueller represents William Prym in proceedings to reduce EU cartel fine

01. April 2011

On 31 March 2011, the European Commission reduced the fine of EUR 40.5 m imposed on William Prym in the cartel proceedings "fasteners" by EUR 25 m. Thereby, the Commission applied its new guidelines from 10 June 2010 on the so-called Inability to Pay Proceedings.

Hengeler Mueller has been representing William Prym in these proceedings before the European Commission. Advice was provided by partner Hans-Jörg Niemeyer and associate Hannah Ehlers (both Antitrust, Brussels).