Wednesday, July 8, 2009
Posted by D. Daniel Sokol
The Commission continues to impose large fines. This time the companies are the European firms E.ON and GDF Suez, thus ending a debate I have with a practitioner friend that only US technology firms would ever received a high fine. I won the bet and now get a fancy dinner the next time I am in DC. Are the size of these plus Microsoft and Intel fines excessive? They may be. Of course, this is irrelevant since the French political reaction will not be pro-Commission. I suspect that Kroes' days are now numbered if they were not before.