Societe anonyme Generale sucriere and others v Commission of the European Communities and others. [1977] EUECJ C-44/73 (9 March 1977)

Societe anonyme Generale sucriere and others v Commission of the European Communities and others. [1977] EUECJ C-44/73 (9 March 1977)

The amount of debts arising from fines is determined by the sum expressed in the national currency of each undertaking; the Commission may accept payment in another Community currency, but conversion must be at the free market exchange rate on the payment date.

Source-derived case information.

Citation
[1977] EUECJ C-44/73
Parties
Applicant: Société anonyme Générale sucrière; Applicant: Société Beghin-Say; Defendant: Commission of the European Communities; Defendant: NV Centrale Suiker Maatschappij; Defendant: Raffinerie Tirlemontoise; Defendant: Société anonyme Sucres et Denrées; Defendant: Süddeutsche Zucker AG; Defendant: Sudzucker-Verkauf GmbH; Defendant: Firma Pfeifer & Langen; Defendant: Cooperative Vereniging 'Suiker Unie' UA; Defendant: Zuccherificio del Volano S.p.A.; Defendant: Societa Agricola Industriale Emiliana - AIE; Defendant: Societa Sadam S.p.A.; Defendant: Societa Italiana per l'Industria degli Zuccheri; Defendant: 'Eridania' Zuccherifici Nazionale S.p.A.; Defendant: Unione Nazionale Consumatori
Jurisdiction
European Union
Procedural Posture
Application for Interpretation of Judgment / Interpretation of Prior Judgment (post Judgment)
Outcome
Interpretation granted; applicants' pleas rejected; costs apportioned as specified.
Legal Topics
Cartels, Fines, Currency Conversion, Interpretation of Judgments
Competition Law European Union Law Cartels Fines Currency Conversion Interpretation of Judgments

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Parties

Société anonyme Générale sucrière

Applicant

Société Beghin-Say

Applicant

Commission of the European Communities

Defendant

NV Centrale Suiker Maatschappij

Defendant

Raffinerie Tirlemontoise

Defendant

Société anonyme Sucres et Denrées

Defendant

Süddeutsche Zucker AG

Defendant

Sudzucker-Verkauf GmbH

Defendant

Firma Pfeifer & Langen

Defendant

Cooperative Vereniging 'Suiker Unie' UA

Defendant

Zuccherificio del Volano S.p.A.

Defendant

Societa Agricola Industriale Emiliana - AIE

Defendant

Societa Sadam S.p.A.

Defendant

Societa Italiana per l'Industria degli Zuccheri

Defendant

'Eridania' Zuccherifici Nazionale S.p.A.

Defendant

Unione Nazionale Consumatori

Defendant

Procedural Posture

Application for Interpretation of Judgment / Interpretation of Prior Judgment (post Judgment)

  1. 1 Whether fines imposed under Article 15 of Regulation No 17 must be paid in the national currency or may be paid in any Community currency;
  2. 2 How the conversion between currencies should be effected for payment of fines;
  3. 3 Binding effect of interpreting judgments under Article 102 of the Rules of Procedure.

Ratio Decidendi

The amount of debts arising from fines is determined by the sum expressed in the national currency of each undertaking; the Commission may accept payment in another Community currency, but conversion must be at the free market exchange rate on the payment date.

Court Disposition

Interpretation granted; applicants' pleas rejected; costs apportioned as specified.

Orders

  • Paragraph 3(b) of the operative part of the 1975 judgment is interpreted to mean debts are determined by the sum in national currency; Commission may accept payment in another Community currency at free market exchange rate on payment date.
  • Each of the named companies shall bear its own costs and one-eighth of the Commission's costs.