Significant reduction in a fine (Section D

Atofina was awarded a reduction of 40 % of the fine

Lucite was awarded a reduction of 30 % of the fine.

Significant reduction of a fine (Section D: reduction from 10 to 50 %

Significant reduction of a fine (Section D: reduction from 10 % to 50 %

Reduction of fine — Point 23 (b), first indent (reduction of 30-50 %

The amount of the administrative fine can also be deducted from corporate tax.

No company claimed inability to pay.

This amount of BEF 63216555 and the administrative fine can in principle be deducted from corporate tax.

In setting the amount of a fine, the Commission shall have regard to the gravity of the failure to comply with the requirements of the first subparagraph.

It therefore qualifies only for a substantially smaller reduction than Outokumpu, KME or Wieland.

The Commission concludes that Kuwait Petroleum is entitled to a 30 % reduction of the fine that would otherwise have been imposed.

The Commission observes that in general there is no requirement on the Commission to reduce the fine because of the length of an investigation.

Application of the Commission Notice on the Non-imposition or Reduction of Fines in Cartel Cases (the Leniency Notice): significant reduction in the amount of the fine

The damage done to them was much more impressive than the amount of the fine.