In 2001 the Commission adopted a decision that Michelin had abused its dominant position, in that, in France, Michelin's commercial and pricing policy towards its dealers was based on a complex system of discounts, refunds and/or other financial advantages. The main objective of the policy was to tie dealers to the company and to maintain the company's market share and consequently to undermine competition in the common market. The Commission fined Michelin €19.76 million.
European Court upholds EC's Michelin fine
01/10/2003 in Latest News