On 7 June 2011, the General Court (GC) reduced to €113.3m the original €219.1m fine imposed by the European Commission on Arkema France (Arkema) and its subsidiaries for their part in a cartel in the acrylic glass industry. The GC considered that the 200 per cent increase applied by the Commission to the basic fine had been incorrectly based on the worldwide turnover of parent company Total SA (Total). Arkema had been floated on the stock exchange and therefore was no longer under Total’s control at the date of the decision. The GC therefore held that a 25 per cent uplift was sufficient to have a deterrent effect. However, the GC rejected the applications by Total and Elf to reduce their own fines. The companies contended that they had already had hefty fines imposed on them due to their participation in other, partially simultaneous cartels. The GC rejected this argument, pointing out that it would lead to the paradoxical situation where an undertaking could multiply its participation in cartels because the cost of each fine would diminish progressively. This would be contrary to the objective of deterrence pursued by imposing the fines.