IRO Industrie Riunite Odolesi SpA v Commission of the European Communities. [1983] EUECJ C-348/82R (20 April 1983)

IRO Industrie Riunite Odolesi SpA v Commission of the European Communities. [1983] EUECJ C-348/82R (20 April 1983)

Suspension of the operation of the contested decision is granted on condition that the applicant provides a bank guarantee acceptable to the Commission for the fine and default interest, as there are no special reasons to depart from this established practice.

Source-derived case information.

Citation
[1983] EUECJ C-348/82R
Parties
Applicant: IRO Industrie Riunite Odolesi SpA; Defendant: Commission of the European Communities
Jurisdiction
European Union
Procedural Posture
Interim Application / Application for Suspension of Operation of Decision
Outcome
interim suspension granted with condition
Legal Topics
Suspension of Decision, Interim Measures, Fines Under ECSC Treaty
European Union Law Competition Law Suspension of Decision Interim Measures Fines Under ECSC Treaty

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Parties

IRO Industrie Riunite Odolesi SpA

Applicant

Commission of the European Communities

Defendant

Procedural Posture

Interim Application / Application for Suspension of Operation of Decision

  1. 1 Whether the operation of Commission Decision C(82) 1631/3 imposing a fine should be suspended pending the outcome of the main action
  2. 2 Whether a bank guarantee as a condition for suspension is justified

Ratio Decidendi

Suspension of the operation of the contested decision is granted on condition that the applicant provides a bank guarantee acceptable to the Commission for the fine and default interest, as there are no special reasons to depart from this established practice.

Court Disposition

interim suspension granted with condition

Orders

  • Operation of Article 2 of Commission Decision C(82) 1631/3 of 24 November 1982 suspended on condition that applicant produces a bank guarantee acceptable to the Commission guaranteeing payment of the fine and default interest at 1% above the Bank of Italy discount rate.
  • Costs are reserved.