The level of fines imposed for infringements relating to vertical and other non-cartel conduct increased ten-fold in 2024, reversing a trend of decline in recent years. This rise can be attributed in part to the overall number of decisions recorded in our dataset (101) being the highest in recent years.
The uptick in fines has coincided with authorities taking a less conciliatory approach when penalizing infringements—just 38% of decisions in 2024 involved settlement or other forms of cooperation, down from 61% in 2023 and 42% in 2022.
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