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Document 62010TO0422
Order of the President of the General Court of 12 July 2011.#Emme Holding SpA v European Commission.#Interim measures - Competition - Commission decision imposing a fine - Bank guarantee - Application to suspend the operation of a measure - Financial loss - No exceptional circumstances - No urgency.#Case T-422/10 R.
Order of the President of the General Court of 12 July 2011.
Emme Holding SpA v European Commission.
Interim measures - Competition - Commission decision imposing a fine - Bank guarantee - Application to suspend the operation of a measure - Financial loss - No exceptional circumstances - No urgency.
Case T-422/10 R.
Order of the President of the General Court of 12 July 2011.
Emme Holding SpA v European Commission.
Interim measures - Competition - Commission decision imposing a fine - Bank guarantee - Application to suspend the operation of a measure - Financial loss - No exceptional circumstances - No urgency.
Case T-422/10 R.
European Court Reports 2011 II-00222*
ECLI identifier: ECLI:EU:T:2011:349
Order of the President of the General Court of 12 July 2011 – Emme v Commission
(Case T-422/10 R)
Interim measures – Competition – Commission decision imposing a fine – Bank guarantee – Application to suspend the operation of a measure – Financial loss – No exceptional circumstances – No urgency
1. Applications for interim measures – Suspension of operation of a measure – Interim measures – Conditions for granting – Prima facie case – Urgency – Serious and irreparable damage – Cumulative nature – Balancing of all the interests involved – Order of examination and method of verification – Discretion of the court hearing the application for interim relief (Arts 256(1) TFEU, 278 TFEU and 279 TFEU; Rules of Procedure of the General Court, Art. 104(2)) (see paras 11-13)
2. Applications for interim measures – Suspension of operation of a measure – Conditions for granting – Serious and irreparable damage – Burden of proof – Financial loss – Risk of insolvency (Art. 278 TFEU; Rules of Procedure of the General Court, Art. 104(2)) (see paras 16-18)
3. Applications for interim measures – Suspension of operation of a measure – Suspension of the obligation to constitute a bank guarantee as a condition for not requiring immediate recovery of a fine imposed for breach of the competition rules – Conditions for granting – Exceptional circumstances – Whether account to be taken of the situation of the group to which the undertaking belongs and of its shareholders (Art. 278 TFEU; Rules of Procedure of the General Court, Art. 104(2)) (see paras 22-37)
Re:
APPLICATION to suspend the operation of Article 2 of Commission Decision C(2010) 4387 final of 30 June 2010 relating to a proceeding under Article 101 TFEU and Article 53 of the EEA Agreement (Case COMP/38.344 – Prestressing steel) and to dispense the applicant from the obligation to provide a bank guarantee so as to avoid immediate recovery of the fine imposed under Article 2 of that decision. |
Operative part
1. |
The application for interim measures is dismissed. |
|
2.Costs are reserved. |