EU court reduces Credit Suisse antitrust fine to 28.9 million euros ...Middle East

The court stated that the commission’s data used to determine the bank’s sales value was less reliable than Credit Suisse’s own figures. “The commission miscalculated the basic amount of the fine that it imposed,“ the court concluded. The ruling remains open to appeal at the EU Court of Justice.

UBS, which acquired Credit Suisse after its 2023 collapse, had appealed the original fine. - AFP

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