Judgment of the General Court (Seventh Chamber) of 27 November 2024 (Extracts).#HSBC Holdings plc and Others v European Commission.#Competition – Agreements, decisions and concerted practices – Euro Interest Rate Derivatives sector – Decision establishing an infringement of Article 101 TFEU and Article 53 of the EEA Agreement – Failure to discharge the obligation to state reasons – Annulment in part of the decision by a judgment of the General Court – Amending decision – Fines – Limitation – Basic amount – Value of sales – Article 23(2) and (3) of Regulation (EC) No 1/2003 – Equal treatment – Proportionality – Unlimited jurisdiction.#Case T-561/21.

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Official record CELEX 62021TJ0561 from European Union at Court of Justice of the European Union. Dated 27 November 2024. Status: decided.

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• Judgment of the General Court (Seventh Chamber) of 27 November 2024 (Extracts).#HSBC Holdings plc and Others v European Commission.#Competition – Agreements, decisions and concerted practices – Euro Interest Rate Derivatives sector – Decision establishing an infringement of Article 101 TFEU and Article 53 of the EEA Agreement – Failure to discharge the obligation to state reasons – Annulment in part of the decision by a judgment of the General Court – Amending decision – Fines – Limitation – Basic amount – Value of sales – Article 23(2) and (3) of Regulation (EC) No 1/2003 – Equal treatment – Proportionality – Unlimited jurisdiction.#Case T-561/21.

  judgment · EN · 27 November 2024

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