The European Court of First Instance (CFI) has reduced a fine imposed in 2005 on Automobiles Peugeot SA and Peugeot Nederland N.V. by the European Commission The Commission found in 2005 that the companies had implemented, between 1997 and 2003, a strategy designed to prevent exports by Dutch dealers, infringing Article 81 of the EC Treaty.

The CFI confirmed that an agreement between a car manufacturer and its dealer, aimed at preventing sales of cars in other Member States, violates Article 81 of the EC Treaty even if the dealer does not comply with the agreement and tries to export vehicles.

While confirming the violation, the Court decided to reduce the fine from EUR 49.5 million to EUR 44.55 million. Automobiles Peugeot SA and Peugeot Nederland N.V. may now appeal the judgment before the European Court of Justice.