This document is an excerpt from the EUR-Lex website
Document 62007TA0461
Case T-461/07: Judgment of the General Court of 14 April 2011 — Visa Europe and Visa International Service v Commission (Competition — Agreements, decisions and concerted practices — Market for the provision of credit and deferred debit card acquiring services — Decision finding an infringement of Article 81 EC — Restriction of competition — Potential competitor — Fines — Mitigating circumstances — Reasonable time — Legal certainty — Rights of the defence)
Case T-461/07: Judgment of the General Court of 14 April 2011 — Visa Europe and Visa International Service v Commission (Competition — Agreements, decisions and concerted practices — Market for the provision of credit and deferred debit card acquiring services — Decision finding an infringement of Article 81 EC — Restriction of competition — Potential competitor — Fines — Mitigating circumstances — Reasonable time — Legal certainty — Rights of the defence)
Case T-461/07: Judgment of the General Court of 14 April 2011 — Visa Europe and Visa International Service v Commission (Competition — Agreements, decisions and concerted practices — Market for the provision of credit and deferred debit card acquiring services — Decision finding an infringement of Article 81 EC — Restriction of competition — Potential competitor — Fines — Mitigating circumstances — Reasonable time — Legal certainty — Rights of the defence)
IO C 160, 28.5.2011, p. 15–15
(BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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28.5.2011 |
EN |
Official Journal of the European Union |
C 160/15 |
Judgment of the General Court of 14 April 2011 — Visa Europe and Visa International Service v Commission
(Case T-461/07) (1)
(Competition - Agreements, decisions and concerted practices - Market for the provision of credit and deferred debit card acquiring services - Decision finding an infringement of Article 81 EC - Restriction of competition - Potential competitor - Fines - Mitigating circumstances - Reasonable time - Legal certainty - Rights of the defence)
2011/C 160/18
Language of the case: English
Parties
Applicants: Visa Europe Ltd (London, United Kingdom); and Visa International Service (Wilmington, Delaware, United States) (represented initially by S. Morris QC, H. Davies and A. Howard, Barristers, V. Davies and H. Masters, Solicitors, and subsequently by S. Morris and P. Scott, Solicitor, A. Howard, V. Davies and C. Thomas, Solicitor)
Defendant: European Commission (represented initially by F. Arbault, N. Khan and V. Bottka, and subsequently by N. Khan and V. Bottka, Agents)
Re:
Application for annulment of Commission Decision C(2007) 4471 final of 3 October 2007 relating to a proceeding under Article 81 EC and Article 53 of the EEA Agreement (COMP/D1/37.860 — Morgan Stanley/Visa International and Visa Europe) and, in the alternative, an application for annulment or reduction of the fine imposed on the applicants by that decision.
Operative part of the judgment
The Court:
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1. |
Dismisses the action; |
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2. |
Orders Visa Europe Ltd and Visa International Service to pay the costs. |