82/853/EEC: Commission Decision of 7 December 1982 relating to a proceeding under Article 85 of the EEC Treaty (IV/30.070 - National Panasonic) (Only the English text is authentic)

• Articles: 4

Article 1

The agreement between National Panasonic (UK) Ltd and Audiotronic Holdings Ltd consisting in the prevention from September 1976 until the end of 1978 of exports of Technics equipment out of the United Kingdom, was an infringement of Article 85 (1) of the Treaty establishing the European Economic Community.

Article 2

A fine of 450 000 ECU (£ 263 790) is hereby imposed on National Panasonic (UK) Ltd.

This fine shall be paid into Lloyd's Bank Ltd, Overseas Department, PO Box 19, 6 East Cheap, UK-London EC P3AB, account No 1086341, in the name of the Commission of the European Communities within three months from the date of notification of this Decision to National Panasonic (UK) Ltd.

Article 3

This Decision shall be enforceable, in accordance with Article 192 of the Treaty establishing the European Economic Community.

Article 4

This Decision is adressed to:

National Panasonic (UK) Ltd, 300/318 Bath Road, UK-Slough SL1 6JB, Berkshire.

Done at Brussels, 7 December 1982.

For the Commission

Frans ANDRIESSEN

Member of the Commission

(1) OJ No 13, 21. 2. 1962, p. 204/62.

(2) In the published version of the Decision some figures have hereinafter been omitted pursuant to the provisons of Article 21 of Regulation No 17 concerning non-disclosure of business secrets.