EU court upholds EU cartel decision against UBS, UniCredit, Nomura
ReutersMar 26, 2025 8:50 AM
BRUSSELS, March 26 (Reuters) - Europe's second-highest court on Wednesday sided with EU antitrust regulators which four years ago penalised UBS UBSG.S, UniCredit CRDI.MI, Nomura 8604.T, Bank of America BAC.N, Natixis and Portigon for taking part in a government bond cartel.
The Luxembourg-based General Court said it "largely confirms the decision of the (European) Commission" but also "moderately reduces the amount of the fines imposed on UniCredit and Nomura".
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