Score breakdown

Prysmian S.p.A. Rotten Score Breakdown

Corporate Misconduct

30.0pts

Rotten to the core

Avg Rating: 5.00Ratings: 1Severity Score: 6.00Evidence Count: 1Contribution: 30.0 pts

Misconduct: low 0 · medium 0 · high 1

Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%

European Commission fined Prysmian €104.6 million for a nearly decade-long power-cables cartel

On 2 April 2014, the European Commission found that Prysmian and other producers had allocated customers and markets for high-voltage underground and submarine power cables from 1999 until January 2009. Prysmian's fine was €104,613,000. Prysmian's challenge was ultimately rejected by the EU Court of Justice in closed Case C-601/18 P on 25 November 2020. Primary sources: https://ec.europa.eu/commission/presscorner/api/files/document/print/en/ip_14_358/IP_14_358_EN.pdf and https://infocuria.curia.europa.eu/tabs/redirect/juris/liste.jsf?language=en&num=C-601%2F18+P