Corte di giustizia UE n. 1/2013

[OSCURATO:PERSONA] ([OSCURATO:PERSONA]) 11 July 2013 ( * ) (Appeals – Competition – Agreements, decisions and concerted practices – [OSCURATO:PERSONA] 81 EC and [OSCURATO:PERSONA] 53 of the EEA Agreement – [OSCURATO:PERSONA] removal services market in Belgium – Direct and indirect price-fixing, market-sharing and manipulation of the procedures for the submission of tenders – Single and continuous infringement – Imputability – [OSCURATO:PERSONA] on the method of setting fines (2006) – Value of sales – Concept – Proportion – Additional amount – Mitigating circumstances – Obligation to state reasons – Imputability to the parent company of the infringement – [OSCURATO:PERSONA] (EC) No 1/2003 – [OSCURATO:PERSONA] 23(2) – Ceiling of 10% of turnover – Proportionality) [OSCURATO:PERSONA] C‑444/11 P, APPEAL under [OSCURATO:PERSONA] 56 of the Statute of the [OSCURATO:PERSONA] of Justice of the [OSCURATO:PERSONA], brought on 26 [OSCURATO:PERSONA] 2011, [OSCURATO:PERSONA] NV, established in Zaventem (Belgium), represented by H. Gilliams, J. Bocken and L. Gyselen, advocaten, [OSCURATO:PERSONA], established in [OSCURATO:PERSONA] ([OSCURATO:PERSONA]), [OSCURATO:PERSONA], established in [OSCURATO:PERSONA], [OSCURATO:PERSONA], established in [OSCURATO:PERSONA], represented by L. Gyselen, advocaat, appellants, the other party to the proceedings being: [OSCURATO:PERSONA], represented by A. Bouquet and N. von Lingen and by A. Antoniadis, acting as Agents, with an address for service in Luxembourg, defendant at first instance, [OSCURATO:PERSONA] ([OSCURATO:PERSONA]), composed of M. Ilešič, President of the [OSCURATO:PERSONA], E. Jarašiūnas (Rapporteur), A. Ó Caoimh, C. Toader and C. G. Fernlund, Judges, [OSCURATO:PERSONA]: J. Kokott, Registrar: V. Tourrès, Administrator, having regard to the written procedure and further to the hearing on 25 October 2012, having decided, after hearing the [OSCURATO:PERSONA], to proceed to judgment without an Opinion, gives the following [OSCURATO:PERSONA] 1 By their appeal, [OSCURATO:PERSONA] NV, [OSCURATO:PERSONA], [OSCURATO:PERSONA] and [OSCURATO:PERSONA] (‘[OSCURATO:PERSONA]’, ‘[OSCURATO:PERSONA]’, ‘[OSCURATO:PERSONA]’ and ‘TR’) seek to have set aside the judgment of the [OSCURATO:PERSONA] of the [OSCURATO:PERSONA] of 16 June 2011 in [OSCURATO:PERSONA] T‑204/08 and T‑212/08 [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2011] [OSCURATO:PERSONA]‑3569 (‘the judgment under appeal’), by which it dismissed their actions seeking, in [OSCURATO:PERSONA] T‑204/08, brought by [OSCURATO:PERSONA], first, the annulment of Articles 1 and 2 of [OSCURATO:PERSONA] C(2008) 926 final of 11 March 2008 relating to a proceeding under [OSCURATO:PERSONA] 81 [EC] and [OSCURATO:PERSONA] 53 of the EEA Agreement ([OSCURATO:PERSONA] COMP/38.543 – [OSCURATO:PERSONA]) (‘the contested decision’) in so far as they concern them, and, in the alternative, the annulment or reduction of the fine imposed on it in that decision and, in [OSCURATO:PERSONA] T‑212/08, brought by [OSCURATO:PERSONA], [OSCURATO:PERSONA] and TR (together, ‘the [OSCURATO:PERSONA] group’), first, the annulment of [OSCURATO:PERSONA] 2(i) of that decision in so far as it found them jointly and severally liable for the infringement which [OSCURATO:PERSONA] is alleged to have committed and, in the alternative, the annulment of [OSCURATO:PERSONA] 2(i) of that decision in so far as it does not effectively limit the joint and several liability of [OSCURATO:PERSONA] to EUR 1.3 million. Legal context 2 [OSCURATO:PERSONA] (EC) No 1/2003 of 16 December 2002 on the implementation of the rules on competition laid down in Articles [81 EC] and [82 EC] (OJ 2003 L 1, p. 1) provides in [OSCURATO:PERSONA] 23(2) and (3) as follows: ‘2.      [OSCURATO:PERSONA] may by decision impose fines on undertakings … where, either intentionally or negligently: (a)      they infringe [OSCURATO:PERSONA] [81 EC] or [OSCURATO:PERSONA] [82 EC] … … For each undertaking … participating in the infringement, the fine shall not exceed 10% of its total turnover in the preceding business year. ... 3.      In fixing the amount of the fine, regard shall be had both to the gravity and to the duration of the infringement.’ 3 [OSCURATO:PERSONA] on the method of setting fines imposed pursuant to [OSCURATO:PERSONA] 23(2)(a) of [OSCURATO:PERSONA] (EC) No 1/2003 (OJ 2006 C 210, p. 2; ‘the 2006 [OSCURATO:PERSONA]’) state under the heading ‘Basic amount of the fine’: ‘... A. Calculation of the value of sales 13.      In determining the basic amount of the fine to be imposed, the [OSCURATO:PERSONA] will take the value of the undertaking’s sales of goods or services to which the infringement directly or indirectly … relates in the relevant geographic area within the [[OSCURATO:PERSONA] (EEA)]. It will normally take the sales made by the undertaking during the last full business year of its participation in the infringement (hereafter “value of sales”). … B. Determination of the basic amount of the fine 19.      The basic amount of the fine will be related to a proportion of the value of sales, depending on the degree of gravity of the infringement, multiplied by the number of years of infringement. 20.      The assessment of gravity will be made on a case-by-case basis for all types of infringement, taking account of all the relevant circumstances of the case. 21.      As a general rule, the proportion of the value of sales taken into account will be set at a level of up to 30% of the value of sales. 22.      In order to decide whether the proportion of the value of sales to be considered in a given case should be at the lower end or at the higher end of that scale, the [OSCURATO:PERSONA] will have regard to a number of factors, such as the nature of the infringement, the combined market share of all the undertakings concerned, the geographic scope of the infringement and whether or not the infringement has been implemented. 23.      Horizontal price-fixing, market-sharing and output-limitation agreements, which are usually secret, are, by their very nature, among the most harmful restrictions of competition. As a matter of policy, they will be heavily fined. Therefore, the proportion of the value of sales taken into account for such infringements will generally be set at the higher end of the scale. 24.      In order to take fully into account the duration of the participation of each undertaking in the infringement, the amount determined on the basis of the value of sales … will be multiplied by the number of years of participation in the infringement. ... 25.      In addition, irrespective of the duration of the undertaking’s participation in the infringement, the [OSCURATO:PERSONA] will include in the basic amount a sum of between 15% and 25% of the value of sales … in order to deter undertakings from even entering into horizontal price-fixing …’ 4 [OSCURATO:PERSONA] the heading ‘Adjustments to the basic amount’, the 2006 [OSCURATO:PERSONA] state: ‘27.      In setting the fine, the [OSCURATO:PERSONA] may take into account circumstances that result in an increase or decrease in the basic amount as determined in Section 1 above. It will do so on the basis of an overall assessment which takes account of all the relevant circumstances. ... B. Mitigating circumstances 29.      The basic amount may be reduced where the [OSCURATO:PERSONA] finds that mitigating circumstances exist, such as: … –        where the undertaking provides evidence that its involvement in the infringement is substantially limited and thus demonstrates that, during the period in which it was party to the offending agreement, it actually avoided applying it by adopting competitive conduct in the market: the mere fact that an undertaking participated in an infringement for a shorter duration than others will not be regarded as a mitigating circumstance since this will already be reflected in the basic amount; ... –        where the anti-competitive conduct of the undertaking has been authorised or encouraged by public authorities or by legislation. ... F. Ability to pay 35.      In exceptional cases, the [OSCURATO:PERSONA] may, upon request, take account of the undertaking’s inability to pay in a specific social and economic context. It will not base any reduction granted for this reason in the fine on the mere finding of an adverse or loss-making financial situation. A reduction could be granted solely on the basis of objective evidence that imposition of the fine as provided for in these [OSCURATO:PERSONA] would irretrievably jeopardise the economic viability of the undertaking concerned and cause its assets to lose all their value.’ 5 [OSCURATO:PERSONA] the heading ‘Final considerations’, the 2006 [OSCURATO:PERSONA] lay down in point 37 as follows: ‘Although these [OSCURATO:PERSONA] present the general methodology for the setting of fines, the particularities of a given case or the need to achieve deterrence in a particular case may justify departing from such methodology or from the limits specified in point 21.’ Background to the dispute and the contested decision 6 The background to the dispute and the contested decision, as apparent from paragraphs 1 to 18 of the judgment under appeal, may be summarised as follows. 7 [OSCURATO:PERSONA] 1994, the 100% parent company of [OSCURATO:PERSONA] has been TR, of which in turn all 100% of the shares are held by [OSCURATO:PERSONA]. [OSCURATO:PERSONA] 8 September 2000, 100% of the shares in [OSCURATO:PERSONA] have been held by [OSCURATO:PERSONA]. In the financial year ending 30 September 2006, [OSCURATO:PERSONA] achieved a consolidated turnover of EUR 44 352 733. 8 In the contested decision, the [OSCURATO:PERSONA] found that the addressees of that decision, including the appellants, participated in a cartel in the international removal services sector in Belgium by fixing prices, sharing customers and manipulating the procedure for the submission of tenders, and thereby committed a single and continuous infringement of [OSCURATO:PERSONA] 81 EC, or must be held liable for that infringement, for all or part of the period from October 1984 until September 2003. 9 The services concerned by the infringement include removals of goods for natural persons and for undertakings or public institutions to or from Belgium. In view of the fact that the international removal companies in question are all located in Belgium and that the activities of the cartel took place there, Belgium was considered to be the geographic centre of the cartel. The combined turnover of the participants in the cartel for those international removal services was estimated by the [OSCURATO:PERSONA] at EUR 41 million for 2002. The size of the sector having been assessed at approximately EUR 83 million, the combined market share of the undertakings involved was therefore considered to be approximately 50% of the sector concerned. 10 [OSCURATO:PERSONA] stated in the contested decision that one of the aims of the cartel was to establish and maintain high prices and to share the market, and the cartel itself took various forms: agreements on prices (‘the price-fixing agreement’); agreements on sharing the market by means of a system of false quotes known as ‘cover quotes’ (‘the cover quotes agreement’); and agreements on a system of financial compensation for rejected offers or for not quoting at all, known as commissions (‘the commissions agreement’). 11 In the contested decision, the [OSCURATO:PERSONA] found that, between 1984 and the beginning of the 1990s, the cartel operated inter alia on the basis of written price‑fixing agreements, with the practice of commissions and cover quotes having been introduced at the same time. Also, according to the contested decision, the practice of commissions was to be treated as the indirect fixing of prices for international removal services in Belgium, since the cartel members issued invoices to each other for commissions on rejected offers or offers not made, referring to fictitious services, and the amount represented by those commissions was, moreover, invoiced to the customers. 12 As regards the cover quotes, the [OSCURATO:PERSONA] stated in the contested decision that, through the submission of such quotes, the removal company which wanted the contract ensured that the customer paying for the removal received several quotes. To that end, that company indicated to its competitors the total price that they were to quote for the planned removal, which was higher than the price quoted by the company itself. Thus, the system in operation was one of fictitious quotes submitted by companies which did not intend to carry out the removal. [OSCURATO:PERSONA] took the view that that practice constituted a manipulation of the tendering procedure to ensure that the price quoted for a removal was higher than it would have been in a competitive environment. 13 [OSCURATO:PERSONA] found, in the contested decision, that those arrangements were in place until 2003 and that those complex activities had the same object: price‑fixing and market-sharing and, thereby, the distortion of competition. 14 In the light of those factors, the [OSCURATO:PERSONA] adopted the contested decision, [OSCURATO:PERSONA] 1 of which is worded as follows: ‘By directly and indirectly fixing prices for international removal services in Belgium, sharing part of the market, and manipulating the procedure for the submission of tenders, the following undertakings have infringed [OSCURATO:PERSONA] 81(1) [EC] and [OSCURATO:PERSONA] 53(1) of the [Agreement on the [OSCURATO:PERSONA] of 2 May 1992 (OJ 1994 L 1, p. 3)] in the periods indicated: ... g)      [[OSCURATO:PERSONA]] from 20 [OSCURATO:PERSONA] 1997 to 10 September 2003; with [[OSCURATO:PERSONA]] and [TR] from 20 [OSCURATO:PERSONA] 1997 to 7 September 2003; with [[OSCURATO:PERSONA]], [[OSCURATO:PERSONA]] and [TR] from 8 September 2000 to 10 September 2003; ...’ 15 Consequently, under [OSCURATO:PERSONA] 2(i) of the contested decision, the [OSCURATO:PERSONA] imposed a fine of EUR 3.49 million on [OSCURATO:PERSONA], of which [OSCURATO:PERSONA] and TR are held jointly and severally liable for the amount of EUR 3 million and [OSCURATO:PERSONA], [OSCURATO:PERSONA] and TR are held jointly and severally liable for the amount of EUR 1.3 million. That fine was calculated in accordance with the methodology set out in the 2006 [OSCURATO:PERSONA]. The procedure before the [OSCURATO:PERSONA] and the judgment under appeal 16 By applications lodged at the Registry of the [OSCURATO:PERSONA] on 4 June 2008, [OSCURATO:PERSONA] and [OSCURATO:PERSONA] group both brought an action against the contested decision. The action brought by [OSCURATO:PERSONA], registered as [OSCURATO:PERSONA] T‑204/08 sought, first, the annulment of Articles 1 and 2 of the contested decision in so far as they concern it and, alternatively, a substantial reduction in the fine imposed on it. [OSCURATO:PERSONA] also requested the [OSCURATO:PERSONA] to order the [OSCURATO:PERSONA] to disclose the factors which it took into account in awarding another undertaking referred to in the contested decision a reduction of 70% of the fine that otherwise would have been imposed on that undertaking. 17 The action brought by the [OSCURATO:PERSONA] group, registered under the number T‑212/08, sought, first, the annulment of [OSCURATO:PERSONA] 2(i) of the contested decision in so far as it finds [OSCURATO:PERSONA] jointly and severally liable for the infringement committed by [OSCURATO:PERSONA] and, second, the annulment of that provision in so far as it does not effectively limit the joint and several liability of [OSCURATO:PERSONA] to EUR 1.3 million. 18 By order of the President of the [OSCURATO:PERSONA] of the [OSCURATO:PERSONA] of 5 March 2010, [OSCURATO:PERSONA] T‑204/08 and T‑212/08 were joined for the purposes of the written and oral procedure and of the judgment. 19 In support of their actions, [OSCURATO:PERSONA] and the [OSCURATO:PERSONA] group submitted eight pleas in law and two pleas in law respectively, the latter two corresponding to part of the arguments presented by [OSCURATO:PERSONA]. By the contested judgment, the [OSCURATO:PERSONA] dismissed the actions in their entirety and ordered the appellants to pay the costs. In so doing, it reasoned, inter alia, as follows. 20 In the context of its analysis of the first plea in law put forward by [OSCURATO:PERSONA], by which it disputed that it was a party to the single and continuous infringement described in the contested decision, the [OSCURATO:PERSONA] held, in paragraphs 33 to 37 of the judgment under appeal, that the case-law requires that three conditions be met in order to establish the participation of an undertaking in such an infringement, that is, the existence of an overall plan pursuing a common objective, the intentional contribution of the undertaking to that plan, and its awareness (proved or presumed) of the offending conduct of the other participants. In that regard, it considered first of all, in paragraphs 39 to 46 of that judgment, that the first condition was satisfied, since the commissions agreement and the cover quotes agreement pursued the same objective as the price-fixing agreement. It then stated, in paragraphs 47 to 50 of that judgment, that [OSCURATO:PERSONA], by participating in two of the three practices described in the contested decision, had intentionally contributed to that overall plan. Finally, in paragraphs 51 to 55 of that judgment, it concluded that [OSCURATO:PERSONA] must have been aware of the offending conduct of the other participants. 21 In paragraphs 60 to 72 of the judgment under appeal, the [OSCURATO:PERSONA] rejected the second plea in law of [OSCURATO:PERSONA], by which it disputed the value of the sales taken into account for calculating the basic amount of the fine. It considered, in essence, first, that point 13 of the 2006 [OSCURATO:PERSONA] covers the value of sales on the relevant market and, second, that the [OSCURATO:PERSONA] was correct not to exclude from that figure the turnover on removals for private individuals. 22 With regard to the third plea in law relied upon by [OSCURATO:PERSONA] concerning the application of a tax rate of 17% to the value of the sales in calculating the basic amount of the fine, the [OSCURATO:PERSONA], first, in paragraphs 81 to 93 of the judgment under appeal, held that, while the gravity of the participation of an undertaking in an infringement and the individual circumstances of the case must be taken into account by the [OSCURATO:PERSONA], the latter is free, applying the 2006 [OSCURATO:PERSONA], to take those factors into account either when assessing the gravity of the infringement or when adjusting the basic amount to reflect mitigating circumstances. 23 Second, in paragraph 94 of the judgment under appeal, the [OSCURATO:PERSONA] considered, in essence, that the rate of 17% applied in this case was not disproportionate in relation to [OSCURATO:PERSONA]’ responsibility, which was ‘in the lower part of the “higher end of the scale”’ provided for in point 23 of the 2006 [OSCURATO:PERSONA] with regard to horizontal price- fixing and market-sharing agreements. 24 Finally, in paragraphs 95 to 101 of the judgment under appeal, the [OSCURATO:PERSONA] rejected the limb of that third plea alleging the failure to state reasons. In that regard, it stated that, in the context of the 2006 [OSCURATO:PERSONA], the [OSCURATO:PERSONA] may no longer, as a rule, simply state reasons only for the classification of an infringement as ‘very serious’ and not for the choice of the proportion of sales taken into account. It however held that the reasoning given in this case was sufficient, since the [OSCURATO:PERSONA] applied ‘a percentage very close to the lower end of the scale laid down [in point 23 of the 2006 [OSCURATO:PERSONA]] for the most serious restrictions’. 25 In paragraphs 107 to 111 of the judgment under appeal, the [OSCURATO:PERSONA] rejected the fourth plea put forward by [OSCURATO:PERSONA], alleging, inter alia, the disproportionate character of point 24 of the 2006 [OSCURATO:PERSONA], to the extent that point 24 provides for the multiplication of the amount determined on the basis of the value of sales by the number of years of participation in the infringement. [OSCURATO:PERSONA] held that [OSCURATO:PERSONA] 23(3) of [OSCURATO:PERSONA] 1/2003 does not preclude such multiplication. 26 In paragraphs 116 to 119 of the judgment under appeal, the [OSCURATO:PERSONA] rejected the fifth plea in law relied upon by [OSCURATO:PERSONA], alleging infringement of the principles of equal treatment and of proportionality in the context of the imposition of an additional amount for deterrent purposes. It considered, first, that the first of those principles had not been infringed, inter alia because the additional amount had been imposed on all the addressees of the contested decision on the ground that they had all participated in the single and continuous infringement including the price-fixing and/or market-sharing and, second, that the rate of 17% was proportionate. 27 The sixth plea in law put forward by [OSCURATO:PERSONA], relating to the existence of mitigating circumstances, was also rejected by the [OSCURATO:PERSONA], in paragraphs 124 to 136 of the judgment under appeal. [OSCURATO:PERSONA], inter alia, in paragraphs 131 to 136 of that judgment, found that there was nothing in the court file to show that the [OSCURATO:PERSONA], as an institution, had authorised or encouraged the practice of cover quotes within the meaning of point 29, fifth indent, of the 2006 [OSCURATO:PERSONA]. 28 The seventh plea in law relied upon by [OSCURATO:PERSONA], concerning the turnover taken into account in order to determine the ceiling of 10% provided for in [OSCURATO:PERSONA] 23 of [OSCURATO:PERSONA] 1/2003, and the first plea in law put forward by the [OSCURATO:PERSONA] group, by which the latter disputed that it could be held liable for infringements committed by [OSCURATO:PERSONA], were rejected by the [OSCURATO:PERSONA] in paragraphs 144 to 158 of the judgment under appeal. [OSCURATO:PERSONA], first, in paragraphs 145 to 154 of that judgment, found that the [OSCURATO:PERSONA] could hold [OSCURATO:PERSONA] liable for [OSCURATO:PERSONA]’ infringement and that [OSCURATO:PERSONA]’s turnover could therefore be taken into account for the purposes of determining the ceiling of 10% provided for in the second paragraph of [OSCURATO:PERSONA] 23(2) of [OSCURATO:PERSONA] 1/2003. Second, in paragraphs 156 to 158 of that judgment, it held that the [OSCURATO:PERSONA] could choose to address the contested decision only to [OSCURATO:PERSONA]’ current parent companies and not to its former owner. Finally, in paragraph 161 of that judgment, it rejected the complaint as to the allegedly disproportionate nature of the fine, inter alia on the ground that it was still below the 10% ceiling of [OSCURATO:PERSONA]’s consolidated turnover. 29 In paragraphs 168 to 177 of the judgment under appeal, the [OSCURATO:PERSONA] rejected the eighth plea in law submitted by [OSCURATO:PERSONA], concerning its inability to pay, and the second plea in law of [OSCURATO:PERSONA] group, alleging misuse of powers by the [OSCURATO:PERSONA] in imposing on it a fine that it could not pay. [OSCURATO:PERSONA], inter alia, in paragraph 176 of the judgment under appeal, rejected the complaint based on infringement of the principle of equal treatment with regard to another undertaking covered by the contested decision, given that the appellants’ situation was not comparable with that of the latter undertaking which, unlike the appellants, had submitted a request for a reduction of the fine on the ground of inability to pay. It stated, in that regard, that the submission of such a request was a requirement and that in the absence of such a request no valid assessment of the economic position of the undertaking could be carried out by the [OSCURATO:PERSONA]. As a result, the [OSCURATO:PERSONA] also rejected [OSCURATO:PERSONA]’ request to order the [OSCURATO:PERSONA] to disclose the factors taken into account in awarding a reduction of 70% of the fine to that other undertaking. Form of order sought by the parties 30 By their appeal, the appellants request, in essence, that the [OSCURATO:PERSONA] of Justice should: –        set aside the judgment under appeal; –        in the event that the [OSCURATO:PERSONA] decides to apply [OSCURATO:PERSONA] 61, first paragraph, second sentence, of the Statute of the [OSCURATO:PERSONA] of Justice of the [OSCURATO:PERSONA], annul Articles 1 and 2 of the contested decision in so far as they concern them; –        in the alternative, reduce the fine; –        in the further alternative, annul [OSCURATO:PERSONA] 2 of the contested decision in so far as it holds [OSCURATO:PERSONA] jointly and severally liable for an amount of EUR 1.3 million; –        in the further alternative, order the [OSCURATO:PERSONA] to disclose the factors which it took into account when awarding another undertaking to which the contested decision applies a 70% reduction in the fine that would otherwise have been imposed on that undertaking, and to subsequently allow [OSCURATO:PERSONA] an opportunity to explain in writing why these reasons also apply to its own situation; –        order the [OSCURATO:PERSONA] to pay the costs. 31 [OSCURATO:PERSONA] contends that the [OSCURATO:PERSONA] of Justice should: –        dismiss the appeal in its entirety, with, where appropriate, substitution of grounds; –        in the alternative, dismiss the applications in [OSCURATO:PERSONA] T‑204/08 and T‑212/08; and –        order the appellants to pay the costs. The appeal 32 In support of their appeal, the appellants put forward nine grounds of appeal, the third, sixth and ninth being put forward in the alternative. [OSCURATO:PERSONA] nevertheless contends that they may only rely on pleas in law which they themselves put forward at first instance in the case in which they were parties. 33 Admittedly, according to settled case-law, to allow a party to put forward for the first time before the [OSCURATO:PERSONA] of Justice a plea in law which it has not raised before the [OSCURATO:PERSONA] would mean allowing that party to bring before the [OSCURATO:PERSONA], whose jurisdiction in appeals is limited, a case of wider ambit than that which came before the [OSCURATO:PERSONA]. In an appeal, the jurisdiction of the [OSCURATO:PERSONA] of Justice is confined to review the findings of law on the pleas argued before the [OSCURATO:PERSONA] (see, inter alia, [OSCURATO:PERSONA] C‑514/07 P, C‑528/07 P and C‑532/07 P Sweden and Others v API and [OSCURATO:PERSONA] [2010] ECR I‑8533, paragraph 126 and case-law cited). 34 However, since a party must be able to challenge all the grounds for a judgment adversely affecting it, where the [OSCURATO:PERSONA] has joined two cases and given a single judgment which answers all the pleas submitted by the parties to the proceedings before the [OSCURATO:PERSONA], each of those parties may criticise the reasoning concerning pleas which, before the [OSCURATO:PERSONA], were raised only by the applicant in the other joined case, provided that that reasoning adversely affects it (see, to that effect, [OSCURATO:PERSONA] C‑369/09 P ISD Polska and Others v [OSCURATO:PERSONA] [2011] ECR I‑2011, paragraph 85 and case-law cited). 35 It follows that, contrary to what is contended by the [OSCURATO:PERSONA], the grounds and arguments put forward in this appeal by the [OSCURATO:PERSONA] group cannot be regarded as new and, therefore, inadmissible solely on the ground that they were not raised by that group at first instance but only by the applicant in [OSCURATO:PERSONA] T‑204/08. The same applies to the grounds and arguments put forward by [OSCURATO:PERSONA] in the present appeal but which had been raised at first instance only by the applicants in [OSCURATO:PERSONA] T‑212/08. [OSCURATO:PERSONA] the responsibilities of [OSCURATO:PERSONA] and of the [OSCURATO:PERSONA] group were linked with regard to the contested decision, the entire judgment under appeal must be regarded as adversely affecting them. The first ground of appeal, alleging that [OSCURATO:PERSONA] is not responsible for the single and continuous infringement referred to in [OSCURATO:PERSONA] 1 of the contested decision [OSCURATO:PERSONA] of the parties 36 The appellants claim that the [OSCURATO:PERSONA], by upholding in paragraphs 33 to 55 of the judgment under appeal the [OSCURATO:PERSONA] finding that [OSCURATO:PERSONA] had participated, since 1997, in the single and continuous infringement described in [OSCURATO:PERSONA] 1 of the contested decision, infringed [OSCURATO:PERSONA] 81 EC, failed to comply with its obligation to state reasons and distorted the clear sense of the evidence. 37 In the first place, the [OSCURATO:PERSONA] erred by finding that [OSCURATO:PERSONA] was aware, within the meaning of the case-law arising from [OSCURATO:PERSONA] C‑49/92 P [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [1999] ECR I‑4125 of the overall plan identified in the contested decision. That case-law requires in that regard, first, knowledge of the agreements as put in place by the initial participants in the cartel and, second, adherence to the overall plan as first put into effect by them. 38 However, first, [OSCURATO:PERSONA] was never aware of the price-fixing agreement concluded by the initial participants in the cartel in question. 39 Second, the commissions and cover quotes agreed to by [OSCURATO:PERSONA] do not provide proof of its accession to an overall pre-existing plan. In particular, the reasoning of the judgment under appeal is deficient in that the [OSCURATO:PERSONA] fails to explain why [OSCURATO:PERSONA] can be held responsible for the overall plan in question, but the company [OSCURATO:PERSONA] cannot. [OSCURATO:PERSONA] refers in that regard to paragraph 30 of [OSCURATO:PERSONA] T‑210/08 [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [2011] [OSCURATO:PERSONA]‑3713. 40 [OSCURATO:PERSONA], the condition regarding awareness of the offending conduct of the other participants in the cartel cannot, in any event, be satisfied, since [OSCURATO:PERSONA] was not aware, prior to 2002, of the cover quotes agreement. In that regard, paragraph 53 of the judgment under appeal distorted the clear sense of the evidence, infringed the rules concerning the burden of proof and its reasoning was erroneous. 41 Fourth, in paragraphs 51 to 54 of the judgment under appeal, the [OSCURATO:PERSONA] not only erroneously applied the case-law arising from [OSCURATO:PERSONA] v [OSCURATO:PERSONA] but also put forward contradictory and/or circular reasoning. It confined itself to establishing whether [OSCURATO:PERSONA] was aware of the commissions agreement and, subsequently, of the cover quotes agreement, whereas it should have examined whether it was aware of the overall plan referred to in [OSCURATO:PERSONA] 1 of the contested decision, as put in place along with the price-fixing agreement, and whether it intended to contribute to those agreements. The mere fact of having agreed to the commissions and the cover quotes was insufficient in that regard, as is apparent from paragraphs 30 and 31 of [OSCURATO:PERSONA] v [OSCURATO:PERSONA] . 42 Fifth, and in any event, the commissions agreement and the cover quotes agreement did not have the same purpose as the price-fixing agreement, the mere objective of distortion of competition being insufficient in that regard. By stating the contrary in paragraphs 43 to 46 of the judgment, the [OSCURATO:PERSONA] infringed [OSCURATO:PERSONA] 81 EC, distorted the clear sense of the evidence, failed to comply with its obligation to state reasons and made assertions for which it lacked evidence. In reality, the commissions merely had the objective of preventing a company which failed to obtain a removals contract from having to bear the costs linked to preparation of its offer for that removal and the cover quotes did not result in any price-fixing. 43 In the second place, and in the alternative, the appellants maintain that the [OSCURATO:PERSONA] erred in law, failed to comply with its obligation to state reasons and erroneously interpreted the rules regarding the burden of proof by holding, in paragraphs 47 to 50 of the judgment under appeal that the condition established in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] concerning the intentional contribution to the overall plan pursued by all the participants was also satisfied. Not being aware of the price-fixing agreement, [OSCURATO:PERSONA] cannot be found to have been part of a pre-existing overall plan. Therefore, it cannot be held liable for the infringement referred to in [OSCURATO:PERSONA] 1 of the contested decision. 44 In the third place, and in the further alternative, the [OSCURATO:PERSONA] erred in law and distorted the clear sense of the evidence by maintaining that [OSCURATO:PERSONA] had participated in the single infringement since 1997. The appellants refer in that regard to paragraphs 30 and 31 of the judgment of the [OSCURATO:PERSONA] in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] . 45 [OSCURATO:PERSONA] submits, as a preliminary point, that the allegations relating to distortion of evidence are inadmissible. 46 On the substance, it contends, first, that the arguments made by [OSCURATO:PERSONA] with regard to the existence of an overall plan are neither substantiated nor well founded and are based on an erroneous understanding of the case-law. In order to establish the existence of an overall plan, it is sufficient to have objective elements which show the links and similarities between the different conduct concerned. That is clearly the case with regard to the cover quotes and the commissions. 47 Second, in order to determine whether an undertaking has intentionally contributed to an overall plan, it is necessary, in accordance with [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , to establish whether the conduct of the undertaking intended to further the alleged cartel. That is the case here, the [OSCURATO:PERSONA] having confirmed that the contested decision held [OSCURATO:PERSONA] responsible only for the cover quotes and the commissions agreements and that they had the objective of the indirect fixing of prices and the sharing of customers and/or the market, which formed the common objective of the overall plan. 48 Finally, the [OSCURATO:PERSONA] observes, in particular, that the [OSCURATO:PERSONA] confirmed that [OSCURATO:PERSONA] was not held responsible for the price-fixing agreement. Therefore, the fact that it was not aware of that agreement did not make it possible to establish a lack of awareness of the cartel as a whole. In addition, it states that [OSCURATO:PERSONA], in contrast to the company [OSCURATO:PERSONA], did indeed participate in the cover quotes agreement and in the commissions agreement. Findings of the [OSCURATO:PERSONA] 49 In the first place, to the extent that, pursuant to the present ground of appeal, the appellants argue that the [OSCURATO:PERSONA] infringed [OSCURATO:PERSONA] 81 EC by erroneously interpreting the criteria according to which responsibility may be imputed to an undertaking for a serious and continuous infringement, it should be recalled that, according to the settled case-law of the [OSCURATO:PERSONA], an infringement of [OSCURATO:PERSONA] 81 EC can result not only from an isolated act but also from a series of acts or from continuous conduct, even where one or several elements of that series of acts or continuous conduct could also constitute in themselves and taken in isolation an infringement of that provision. Accordingly, if the different actions form part of an ‘overall plan’, because their identical object distorts competition within the common market, the [OSCURATO:PERSONA] is entitled to impute responsibility for those actions on the basis of participation in the infringement considered as a whole ( [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraph 81, and [OSCURATO:PERSONA] C‑204/00 P, C‑205/00 P, C‑211/00 P, C‑213/00 P, C‑217/00 P and C‑219/00 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2004] ECR I‑123, paragraph 258). 50 An undertaking which has participated in such a single and complex infringement through its own conduct, which fell within the definition of an agreement or concerted practice having an anti-competitive object within the meaning of [OSCURATO:PERSONA] 81(1) EC and was intended to help bring about the infringement as a whole, may thus be responsible also in respect of the conduct of other undertakings in the context of the same infringement throughout the period of its participation in the infringement. That is the case where it can be shown that that undertaking intended, through its own conduct, to contribute to the common objectives pursued by all the participants and that it was aware of the actual conduct planned or put into effect by other undertakings in pursuit of the same objectives or that it could reasonably have foreseen it and that it was prepared to take the risk ( [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraphs 83, 87 and 203, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 83). 51 In the present case, the [OSCURATO:PERSONA], having recalled that case-law in paragraphs 33 to 35 of the judgment under appeal and the relevant case-law of the [OSCURATO:PERSONA] in paragraph 36 of that judgment, inferred in paragraph 37 of the judgment, that ‘three conditions must be met in order to establish participation in a single and continuous infringement, namely the existence of an overall plan pursuing a common objective, the intentional contribution of the undertaking to that plan, and its awareness (proved or presumed) of the offending conduct of the other participants’. 52 [OSCURATO:PERSONA] undertook, in paragraphs 39 to 54 of the judgment under appeal, an examination of whether each of those conditions was met in the present case. It held, following an analysis of the facts stated by the [OSCURATO:PERSONA] in the contested decision and the arguments made before it by [OSCURATO:PERSONA], that that was the case. It stated, first, inter alia, in paragraphs 41 and 45 of the judgment under appeal, that the commissions agreement and the cover quotes agreement pursued the same objective as the price-fixing agreement, that common objective being ‘to establish and maintain a high price level for the provision of international removal services in Belgium and to share this market’. It then stated that it was common ground that [OSCURATO:PERSONA] had participated in two out of the three agreements described in the contested decision. It then, finally, held that in the light of the functioning of the cartel in question, [OSCURATO:PERSONA] must have been aware of the offending conduct of the other participants in the cartel since 1997. It concluded from this, in paragraph 55 of the judgment under appeal, that ‘the [OSCURATO:PERSONA] was fully entitled to find that [OSCURATO:PERSONA] had been a party to the single and continuous infringement described in the [contested decision]’. 53 That analysis does not contain any of the alleged errors of law. The conditions which the [OSCURATO:PERSONA] considered, in paragraph 37 of the judgment under appeal, must be satisfied in order that an undertaking can be held responsible for a single and continuous infringement are in fact compatible with the case-law of the [OSCURATO:PERSONA] referred to in paragraphs 49 and 50 above. 54 Contrary to what is submitted by the applicants, that case-law does not require, in order for the condition of awareness by an undertaking of the offending conduct of the other participants in the single and continuous infringement to be satisfied, that it be established that that undertaking was or should have been aware of the offending conduct of the initial participants in the infringement or that it adhered to that infringement from the outset. It also does not lay down that that condition of awareness can be established only if that undertaking contributed to the single and continuous infringement in a way identical to that initially put in place. 55 On the contrary, by making clear that the responsibility of an undertaking which participated in a single and continuous infringement is limited, with regard to the conduct planned or put into effect by the other participants and of which it was, or should have been aware, to the actions which occurred during the period of participation of that undertaking in that infringement, the case-law referred to in paragraph 50 of this judgment necessarily accepts that an undertaking may be held responsible for a single and continuous infringement even if it did not participate in all of the offending conduct of which it is made up (see, to that effect, [OSCURATO:PERSONA] C‑441/11 P [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [2012] ECR I‑0000, paragraphs 43 to 45). 56 The same applies to the condition concerning the intentional contribution to the common objectives pursued by all the participants. It follows from the very wording of the case-law referred to in paragraphs 49 and 50 above that it does not mean that the intentional contribution to those common objectives can be established only where the undertaking concerned has contributed to those common objectives since the start of the infringement or on condition that it pursued those objectives in ways identical to those put into effect when the infringement commenced. 57 With regard to the supposedly erroneous interpretation of the concept of the common objective, it suffices to point out that, as is apparent from paragraph 52 of the present judgment, the appellants’ arguments are based on a misreading of the judgment under appeal, the [OSCURATO:PERSONA] not having held that the condition linked to the pursuit of a common objective was already satisfied by the sole fact that the three agreements in question had the objective of distorting competition. 58 In the second place, to the extent that the appellants claim that the [OSCURATO:PERSONA], in the light of the characteristics of the agreements in question and the conduct of [OSCURATO:PERSONA] in the cartel, was not justified in concluding, like the [OSCURATO:PERSONA] in the contested decision, that the conditions laid down in the [OSCURATO:PERSONA] v [OSCURATO:PERSONA] case-law were satisfied, in particular since 1997, it must be concluded that that argument seeks in reality to challenge the [OSCURATO:PERSONA] assessment of the facts. 59 It is clear from [OSCURATO:PERSONA] 256 TFEU and the first paragraph of [OSCURATO:PERSONA] 58 of the Statute of the [OSCURATO:PERSONA] of Justice that the [OSCURATO:PERSONA] has exclusive jurisdiction, first, to find the facts, except where the substantive inaccuracy of its findings is apparent from the documents submitted to it, and, second, to assess those facts. When the [OSCURATO:PERSONA] has found or assessed the facts, the [OSCURATO:PERSONA] of Justice has jurisdiction under [OSCURATO:PERSONA] 256 TFEU to review the legal characterisation of those facts and the legal conclusions which the [OSCURATO:PERSONA] has drawn from them (see, inter alia, [OSCURATO:PERSONA] C‑185/95 P Baustahlgewebe v [OSCURATO:PERSONA] [1998] ECR I‑8417, paragraph 23, and [OSCURATO:PERSONA] C‑90/09 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2011] ECR I‑1, paragraph 71 and the case-law cited). 60 [OSCURATO:PERSONA] of Justice thus has no jurisdiction to establish the facts or, in principle, to examine the evidence which the [OSCURATO:PERSONA] accepted in support of those facts. Provided that the evidence has been properly obtained and the general principles of law and the rules of procedure in relation to the burden of proof and the taking of evidence have been observed, it is for the [OSCURATO:PERSONA] alone to assess the value which should be attached to the evidence produced to it. Save where the clear sense of that evidence has been distorted, that appraisal does not there constitute a point of law which is subject, as such, to review by the [OSCURATO:PERSONA] of Justice ( Baustahlgewebe v [OSCURATO:PERSONA] , paragraph 24 and case-law cited, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 72 and case-law cited). 61 It follows that those arguments must be rejected as inadmissible. 62 In the third place, the allegations of distortion of the clear sense of the evidence put forward by the appellants also cannot succeed. [OSCURATO:PERSONA] has repeatedly held that, where the appellant alleges distortion of the evidence by the [OSCURATO:PERSONA], he must, under [OSCURATO:PERSONA] 256 TFUE, the first paragraph of [OSCURATO:PERSONA] 58 of the Statute of the [OSCURATO:PERSONA] of Justice and [OSCURATO:PERSONA] 169(2) of the Rules of Procedure of the [OSCURATO:PERSONA] of Justice, indicate precisely the evidence alleged to have been distorted by that [OSCURATO:PERSONA] and show the errors of appraisal which, in his view, led to that distortion (see [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 50, and [OSCURATO:PERSONA] C‑445/11 P Bavaria v [OSCURATO:PERSONA] [2012] ECR I‑0000, paragraph 27). 63 In the present case, the appellants do not refer to any specific evidence they believe to have been distorted. They confine themselves to contesting certain parts of the judgment under appeal, without however indicating what specific evidence the [OSCURATO:PERSONA] is supposed to have distorted. 64 Finally, with regard to the allegedly deficient reasoning of the judgment under appeal arising from the fact that the [OSCURATO:PERSONA], in infringement of the obligation to state reasons, failed to justify why it considered that [OSCURATO:PERSONA] could be held responsible for the single and continuous infringement, but the company [OSCURATO:PERSONA] could not, it should be noted that, in line with settled case-law, the statement of the reasons on which a judgment is based must clearly and unequivocally disclose the [OSCURATO:PERSONA] thinking, so that the persons concerned can be apprised of the justification for the decision taken and the [OSCURATO:PERSONA] of Justice can exercise its power of review (see, inter alia, [OSCURATO:PERSONA] C‑259/96 P [OSCURATO:PERSONA] v de Nil and Impens [1998] ECR I‑2915, paragraphs 32 and 33, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 59). 65 The obligation to state reasons does not however require the [OSCURATO:PERSONA] to provide an account which responds exhaustively and one by one all the arguments put forward by the parties to the case. The reasoning may therefore be implicit on condition that it enables the persons concerned to know why the [OSCURATO:PERSONA] has not upheld their arguments and provides the [OSCURATO:PERSONA] with sufficient material for it to exercise its power of review (see, inter alia, [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 372). 66 In addition, the appellants cannot derive any useful argument from the judgment of the [OSCURATO:PERSONA] in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , which in any case has since been set aside in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , in order to show that the judgment under appeal was insufficiently reasoned. The obligation on the [OSCURATO:PERSONA] to state the reasons for its judgments cannot in principle extend to imposing on it an obligation to justify the solution arrived at in one case in the light of that found in another, even if it concerned the same decision. [OSCURATO:PERSONA] has also held that, if an addressee of a decision decides to bring an action for annulment, the matter to be tried by the [OSCURATO:PERSONA] judicature relates only to those aspects of the decision which concern that addressee. Unchallenged aspects concerning other addressees, on the other hand, do not form part of the matter to be tried by the [OSCURATO:PERSONA] judicature (see [OSCURATO:PERSONA] C‑310/97 P [OSCURATO:PERSONA] v AssiDomän [OSCURATO:PERSONA] and Others [1999] ECR I‑5363, paragraph 53, and [OSCURATO:PERSONA] C‑201/09 P and C‑216/09 P ArcelorMittal Luxembourg v [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v ArcelorMittal Luxembourg and Others [2011] ECR I‑2239, paragraph 142), without prejudice to special circumstances (see, to that effect, [OSCURATO:PERSONA] C‑286/11 [OSCURATO:PERSONA] v Tomkins [2013] ECR I‑0000, paragraphs 43 and 49), which however are neither alleged not submitted in the present case. 67 As to the remainder, the [OSCURATO:PERSONA] stated in paragraph 47 of the judgment under appeal that ‘it is not disputed that [[OSCURATO:PERSONA]] participated in two of the three practices described in the [contested decision], that is the agreements on commissions and cover quotes’, whereas according to paragraph 28 of [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , the [OSCURATO:PERSONA] had held that the participation of that company in the cartel in question ‘was limited to issuing cover quotes’. That factual assessment contained in paragraph 47 of the judgment under appeal is sufficient to understand why the [OSCURATO:PERSONA] considered that the characteristics of the infringement committed by [OSCURATO:PERSONA] were not comparable to those of the infringement committed by that other company and, therefore, could be treated differently. 68 In the light of all the above considerations, the first ground of appeal must be rejected as in part unfounded and in part inadmissible. The second ground of appeal, based on the infringement of point 13 of the 2006 [OSCURATO:PERSONA] and on deficient reasoning [OSCURATO:PERSONA] of the parties 69 First, the appellants claim that the [OSCURATO:PERSONA] misinterpreted point 13 of the 2006 [OSCURATO:PERSONA]. That point authorises the [OSCURATO:PERSONA] to calculate the amount of the fine only on the basis of the turnover to which the infringement is actually related and not on the basis of the entire turnover achieved on the relevant market. The arguments put forward by the [OSCURATO:PERSONA] in paragraphs 63 to 67 of the judgment under appeal in order to support its position contain errors of law and are based on deficient reasoning. 70 All the language versions of that point indicate that only those sales to which the infringement relates may be taken into account. The fact that under the case-law of the [OSCURATO:PERSONA] the [OSCURATO:PERSONA] is not obliged to ascertain which individual sales were affected by the cartel is not relevant, since the [OSCURATO:PERSONA] has chosen to impose such an obligation on itself. In addition, the burden of proof concerned is not impossible to discharge, since it suffices if the [OSCURATO:PERSONA] produces sufficient ‘evidence of the scope of a cartel’. The case-law cited by the [OSCURATO:PERSONA] shows, in addition, that only the turnover obtained by the sales which are actually related to the infringement are relevant and that the [OSCURATO:PERSONA] decision of 12 November 2008 relating to a proceeding under [OSCURATO:PERSONA] 81 [EC] and [OSCURATO:PERSONA] 53 of the EEA Agreement ([OSCURATO:PERSONA] COMP/39.125 – Car glass) confirmed that interpretation. 71 In the alternative, the appellants argue that the [OSCURATO:PERSONA] erred in holding that the amount of the fine could be calculated on the basis of the turnover including the turnover generated by removals for individuals, whereas according to paragraphs 70 and 72 of the judgment under appeal it is common ground that the practices in question, at least in so far as they were committed by [OSCURATO:PERSONA], did not concern such removals. In particular, the position of the [OSCURATO:PERSONA] in that regard was based on simple suppositions regarding the conduct of the other participants, as is apparent from paragraph 71 of the judgment under appeal, and thus infringes the principle of in dubio pro reo , the presumption of innocence, the rules relating to the burden of proof and the nulla poena sine culpa principle. 72 [OSCURATO:PERSONA] replies that this ground of appeal is unfounded. In particular, the interpretation of point 13 of the 2006 [OSCURATO:PERSONA] put forward by the appellants does not take into account either its exact wording or the objective pursued by it. In addition, the scope of an infringement is determined on the basis of a global assessment of all available evidence. The absence of evidence showing that [OSCURATO:PERSONA] paid or received commissions in relation to removals for individuals cannot therefore affect the scope of that infringement, since it is apparent from the contested decision and the judgment under appeal, which is not contested on that point, that the commissions agreement also concerned removals for individuals. Findings of the [OSCURATO:PERSONA] 73 According to point 13 of the 2006 [OSCURATO:PERSONA]: ‘[i]n determining the basic amount of the fine to be imposed, the [OSCURATO:PERSONA] takes the value of each undertaking’s sales of goods or services to which the infringement directly or indirectly … relates in the relevant geographic area within the EEA.’ 74 In the introductory section, those guidelines lay down, in their point 6, that ‘[t]he combination of the value of sales to which the infringement relates and of the duration of the infringement is regarded as providing an appropriate proxy to reflect the economic importance of the infringement as well as the relative weight of each undertaking in the infringement’. 75 Thus, the case-law preceding the adoption by the [OSCURATO:PERSONA] of the 2006 [OSCURATO:PERSONA] which aim to provide a framework for the exercise of its power of discretion concerning the fixing of fines already showed in a consistent manner that, with regard to the fixing of the fine, it is open to the [OSCURATO:PERSONA] to take into account not only the undertaking’s global turnover, which constitutes an indication, albeit an approximate and imperfect one, of the undertaking’s size and its economic power, but also the proportion of that turnover accounted for by the goods in respect of which the infringement was committed, which thus gives an indication of the scale of the infringement (see, inter alia, [OSCURATO:PERSONA] 100/80 to 103/80 [OSCURATO:PERSONA] française and Others v [OSCURATO:PERSONA] [1983] ECR 1825, paragraphs 120 and 121, and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraph 164). 76 It follows that point 13 of the 2006 [OSCURATO:PERSONA] pursues the objective of adopting as the starting point for the calculation of the fine imposed on an undertaking an amount which reflects the economic significance of the infringement and the size of the undertaking’s contribution to it. Consequently, while the concept of the value of sales referred to in point 13 of those guidelines admittedly cannot, extend to encompassing sales made by the undertaking in question which do not fall within the scope of the alleged cartel, it would however be contrary to the goal pursued by that provision if that concept were understood as applying only to turnover achieved by the sales in respect of which it is established that they were actually affected by that cartel. 77 Such a limitation would, in addition, have the effect of artificially minimising the economic significance of the infringement committed by a particular undertaking since the mere fact that a limited amount of direct evidence of sales actually affected by the cartel had been found would lead to the imposition of a fine which bore no actual relation to the scope of application of the cartel in question. Such a reward for being secretive would also adversely affect the objective of the effective investigation and sanctioning of infringements of [OSCURATO:PERSONA] 81 EC and, therefore, cannot be permitted. 78 In the present case, the [OSCURATO:PERSONA] therefore correctly held, in paragraph 62 of the judgment under appeal, that ‘it does not follow from [that point 13] that only the value of sales for removals actually affected by the infringement may be taken into account in order to determine the relevant value of sales’. In that regard, it could therefore rely, without erring in law, in paragraph 64 of that judgment on the objective of the [OSCURATO:PERSONA] rules on competition, in paragraph 65 of that judgment on the need to take into account the secret character of cartels, which in the present case would make it ‘impossible to find evidence in relation to each of the removals affected’ and, in paragraph 66 of that judgment on the case-law resulting from [OSCURATO:PERSONA] française and Others v [OSCURATO:PERSONA] . 79 With regard to paragraphs 63 and 67 of the judgment under appeal, they also do not contain the errors of law alleged. 80 With regard to paragraph 63 of the judgment under appeal, it is true that, in that paragraph, the [OSCURATO:PERSONA] refers only to the German wording of point 6 of the 2006 [OSCURATO:PERSONA] in order to substantiate its literal interpretation of point 13 of those guidelines, based on the French language version, according to which ‘[t]he wording of point 13 therefore relates to sales in the relevant market’. 81 However, first, it must be held that, as stated by the [OSCURATO:PERSONA] in paragraph 63 of the judgment under appeal, the German language version of point 6 refers in a ‘very clear’ way to ‘sales in the markets concerned by the infringement’ (‘Umsatz auf den vom Verstoß betroffenen Märkten’). Second, according to settled case-law, although the other language versions of point 6 do not make it possible to justify clearly that literal interpretation of point 13 of the 2006 [OSCURATO:PERSONA], as the appellants claim, the need for a uniform interpretation of the various language versions of a provision of [OSCURATO:PERSONA] law requires, in the case of divergence between them, that the provision in question be interpreted by reference to the purpose and general scheme of the rules of which it forms part ([OSCURATO:PERSONA] C‑72/95 Kraaijeveld and Others [1996] ECR I‑5403, paragraph 28, and [OSCURATO:PERSONA] C‑63/06 Profisa [2007] ECR I‑3239, paragraph 14). It is apparent from paragraph 76 above that the literal interpretation adopted by the [OSCURATO:PERSONA] in paragraph 63 of the judgment under appeal is fully consistent with the objective pursued by that provision and, more generally, with the objective of EU rules on competition, as the [OSCURATO:PERSONA] also stated in paragraph 64 of the judgment under appeal. 82 With regard to paragraph 67 of the judgment under appeal, it is sufficient to note that, pursuant to settled case-law, the [OSCURATO:PERSONA] practice in previous decisions does not itself serve as a legal framework for the fines imposed in competition matters ([OSCURATO:PERSONA] C‑167/04 P JCB Service v [OSCURATO:PERSONA] [2006] ECR I‑8935, paragraph 205, and [OSCURATO:PERSONA] C‑549/10 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2012] ECR I‑0000, paragraph 104). Thus, although the [OSCURATO:PERSONA] erroneously held, in paragraph 67 of the judgment under appeal, that the [OSCURATO:PERSONA] decision of 12 November 2008, referred to in paragraph 70 above, confirmed the interpretation of point 13 of the 2006 [OSCURATO:PERSONA] adopted in paragraph 62 of the judgment under appeal, the appellants may not deduce any decisive argument in their favour from that decision. The complaint directed against paragraph 67 of the judgment under appeal must therefore be rejected as ineffective. 83 In addition, it follows from the considerations set out in paragraphs 78 to 82 of the present judgment that the reasoning followed by the [OSCURATO:PERSONA] in paragraphs 63 to 67 of the judgment under appeal responds to the requirements of the case-law set out in paragraphs 64 and 65 above. 84 The first limb of this ground of appeal must therefore be rejected. 85 With regard to the alternative branch, it must be pointed out, first, that, admittedly, the [OSCURATO:PERSONA] held, in paragraph 71 of the judgment under appeal, that ‘it is apparent from recital 537 of the [contested decision] that some of the other addressees of that decision seem to have agreed to pay commissions in respect of international removals paid for by private individuals. Therefore … it cannot be ruled out that certain private removals were affected by the single infringement at issue’ and that it deduced from this that the concept of the value of sales referred to in that point 13 could, in the present case, include the turnover achieved by [OSCURATO:PERSONA] by removals for individuals. 86 Recital 537 of the contested decision is worded as follows: ‘[An undertaking which participated in the cartel] put forward arguments for excluding certain types of customer, such as individuals or key accounts. [OSCURATO:PERSONA] rejects these arguments. The file shows that international removals paid for by such customers were affected by the price-fixing agreements, commissions agreements and cover quotes agreements. There is ample evidence in the file that commissions were arranged for international removals that were paid for by such customers. Of the 216 international removals indicated in the table found during the investigation at [another undertaking which participated in the cartel] … for example, there are six for which the “account” in the list contains the word “private”. The list also contains the names of a number of important customers who, nevertheless, were also victims of the infringement. What is more, the price agreements applied to all customers, without distinction.’ 87 It must therefore be held that the appellants’ arguments alleging that the [OSCURATO:PERSONA] had based its position on simple assumptions, thus infringing the principle in dubio pro reo , the presumption of innocence, the rules on the burden of proof and the nulla poena sine culpa principle rely, in fact, not on an error of law but on mere inelegant drafting of the judgment under appeal which has no legal bearing on the solution adopted. It must therefore be rejected as unfounded. 88 Second, on the one hand, it is apparent from paragraph 76 above that the concept of the value of sales referred to in point 13 of the 2006 [OSCURATO:PERSONA] cannot be interpreted as referring only to the sales actually affected by that cartel. On the other hand, the appellants have not contested before the [OSCURATO:PERSONA] the [OSCURATO:PERSONA] finding in the contested decision that the cartel in question related not only to removals for undertakings but also to removals for individuals. 89 In those circumstances, the [OSCURATO:PERSONA] was correct, in paragraph 72 of the judgment under appeal, to hold that, although, ‘as regards [OSCURATO:PERSONA], the [OSCURATO:PERSONA] has not proved that commissions were agreed or applied to removals paid for by private individuals’, [OSCURATO:PERSONA]’ argument that the value of the relevant sales may not include the turnover achieved by removals for individuals must be rejected on the ground that ‘the [OSCURATO:PERSONA] would [then] be obliged to include in the relevant value of sales only the individual sales which were affected by the cartel and for which it has documentary evidence; [t]he existence of an obligation of that kind has already been rejected in the course of examining the first limb of the [second] plea’. 90 It follows from the above that the alternative limb of this ground of appeal cannot be upheld. Therefore, the second ground of appeal must be rejected in its entirety. The third ground of appeal, alleging that there is no justification for applying a rate of 17% to the value of sales [OSCURATO:PERSONA] of the parties 91 The appellants claim, in the first place, that in paragraphs 81 to 93 of the judgment under appeal the [OSCURATO:PERSONA] erred in law by holding that the [OSCURATO:PERSONA] may, under the 2006 [OSCURATO:PERSONA], fix the basic amount of the fine by applying to all the participants the same percentage applicable to the value of the sales, whereas the case-law requires the [OSCURATO:PERSONA] to assess the relative gravity of the participation of each undertaking in the cartel in question. [OSCURATO:PERSONA] assertion that the [OSCURATO:PERSONA] is free to carry out such an assessment of the relative gravity where it reviews whether mitigating and/or aggravating circumstances exist is legally incorrect, not properly reasoned and leads to a reversal of the burden of proof which is incompatible with the presumption of innocence and the rights of the defence. 92 In the second place, the appellants argue that paragraph 94 of the judgment under appeal, in which the [OSCURATO:PERSONA] states that a rate of 17% is not disproportionate in relation to [OSCURATO:PERSONA]’ responsibility for the infringement, is based on deficient reasoning. It contradicts paragraphs 81 to 93 of that same judgment and does not discuss [OSCURATO:PERSONA]’ actual responsibility for the infringement but only provides a qualification of the infringement in general. 93 In the third place, the reasoning in paragraphs 95 to 101 of the judgment under appeal, concerning the assessment of the reasoning contained in the contested decision, is insufficient and contradictory. [OSCURATO:PERSONA] acknowledges, in paragraphs 95 to 99 of that judgment, that the contested decision does not contain sufficient reasoning in order to allow the undertakings involved to understand why a percentage of 17% was applied in determining the basic amount of the fine. However, according to that judgment, the duty to provide sufficient reasoning applies only after that judgment has been delivered. There was however no foundation for the [OSCURATO:PERSONA] decision to relieve the [OSCURATO:PERSONA] of that obligation in the present case. In addition, taking into account the new method introduced by the 2006 [OSCURATO:PERSONA], the assertion in paragraph 100 of the judgment under appeal, according to which it is not necessary to provide specific reasons where the rate applicable to the value of sales is ‘only’ 17%, is incorrect and insufficiently reasoned. 94 [OSCURATO:PERSONA] contends, in the first place, that, on the one hand, according to settled case-law, a clear distinction is to be made between the assessment of the gravity of the infringement as such and the assessment of the individual conduct of each undertaking. On the other hand, the [OSCURATO:PERSONA] stance does not affect the burden of proof since the [OSCURATO:PERSONA] takes into account the mitigating circumstances if it is clear from the facts of the case that such circumstances are applicable. In the second place, the criticisms levelled at paragraph 94 of the judgment under appeal are manifestly unfounded. In the third place, it states that it shares the [OSCURATO:PERSONA] conclusion that it (the [OSCURATO:PERSONA]) provided sufficient reasons, in the contested decision, for the application of the 17% rate. It considers, nevertheless, that paragraphs 97 to 99 of the judgment under appeal are incorrect because, contrary to what is stated by the [OSCURATO:PERSONA], no more detailed reasoning is required under the 2006 [OSCURATO:PERSONA]. [OSCURATO:PERSONA] therefore requests the [OSCURATO:PERSONA] to substitute the [OSCURATO:PERSONA] findings in paragraphs 97 to 99 of the judgment under appeal. Findings of the [OSCURATO:PERSONA] 95 With regard to the first limb of this ground of appeal, it must be borne in mind that the [OSCURATO:PERSONA] alone has jurisdiction to examine how in each particular case the [OSCURATO:PERSONA] appraised the gravity of unlawful conduct. In the context of an appeal, the purpose of review by the [OSCURATO:PERSONA] is, first, to examine to what extent the [OSCURATO:PERSONA] took into consideration, in a legally correct manner, all the essential factors to assess the gravity of particular conduct in the light of [OSCURATO:PERSONA] 81 EC and [OSCURATO:PERSONA] 23 of [OSCURATO:PERSONA] 1/2003 and, second, to consider whether the [OSCURATO:PERSONA] responded to a sufficient legal standard to all the arguments raised by the appellant with a view to having the fine cancelled or reduced (see, inter alia, Baustahlgewebe v [OSCURATO:PERSONA] , paragraph 128, and [OSCURATO:PERSONA] C‑189/02 P, C‑202/02 P, C‑205/02 P to C‑208/02 P and C‑213/02 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2005] ECR I‑5425, paragraph 244). 96 In addition, while the [OSCURATO:PERSONA] enjoys a broad discretion and while the method for calculating fines set out in the 2006 [OSCURATO:PERSONA] displays flexibility in a number of ways, enabling the [OSCURATO:PERSONA] to exercise its discretion in accordance with [OSCURATO:PERSONA] 23 of [OSCURATO:PERSONA] 1/2003, it is nevertheless for the [OSCURATO:PERSONA] to verify whether the [OSCURATO:PERSONA] has correctly assessed the [OSCURATO:PERSONA] exercise of that discretion (see, to that effect, [OSCURATO:PERSONA] C‑322/07 P, C‑327/07 P and C‑338/07 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2009] ECR I‑7191, paragraphs 112 and 113 and case-law cited). 97 On the other hand, it is not for the [OSCURATO:PERSONA], when ruling on questions of law in the context of an appeal, to substitute, on grounds of fairness, its own assessment for that of the [OSCURATO:PERSONA] exercising its unlimited jurisdiction to rule on the amount of fines imposed on undertakings for infringements of EU law (see, in particular, Baustahlgewebe v [OSCURATO:PERSONA] , paragraph 129, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 245). 98 Furthermore, it should also be noted that, according to the settled case-law of the [OSCURATO:PERSONA] of Justice, in setting the amount of fines, regard must be had to the duration of the infringements and to all the factors capable of affecting the assessment of the gravity of those infringements (see [OSCURATO:PERSONA] française and Others v [OSCURATO:PERSONA] , paragraph 129, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 240). 99 In that regard, according to the settled case-law of the [OSCURATO:PERSONA], the gravity of infringements of EU competition law must be determined by reference to numerous factors such as, in particular, the specific circumstances and context of the case and the deterrent effect of fines, although no binding or exhaustive list of the criteria to be applied has been drawn up (see, inter alia, [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 241, and [OSCURATO:PERSONA] C‑534/07 P [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [2009] ECR I‑7415, paragraph 54). 100 The factors capable of affecting the assessment of the gravity of the infringements include the conduct of each of the undertakings, the role played by each of them in the establishment of the cartel, the profit which they were able to derive from it, their size, the value of the goods concerned and the threat that infringements of that type pose to the objectives of the EU (see, to that effect, [OSCURATO:PERSONA] française and Others v [OSCURATO:PERSONA] , paragraph 129, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 242). 101 In the present case, that case-law is not contradicted by the reasoning of the [OSCURATO:PERSONA] in paragraphs 81 to 93 of the judgment under appeal, in which it undertook, as stated in paragraph 83 of that judgment, to establish ‘whether … it was open to the [OSCURATO:PERSONA] to abandon any distinction between the participants in the infringement and any consideration of the specific circumstances of the case in order to assess the gravity of the infringement committed by [OSCURATO:PERSONA]’ and, thus, whether the [OSCURATO:PERSONA] was justified, in order to fix the basic amount of the fines, in adopting a rate of 17% of the value of the sales for all of the undertakings concerned, and in assessing the individual conduct of [OSCURATO:PERSONA] only in the context of mitigating or aggravating circumstances. 102 [OSCURATO:PERSONA] correctly noted, in paragraphs 84 and 85 of the judgment under appeal that, in accordance with EU case-law, the gravity of the infringement must be assessed on an individual basis. 103 Considering the discretion enjoyed by the [OSCURATO:PERSONA] in the matter, the [OSCURATO:PERSONA] stated, in paragraphs 87 and 88 of the judgment under appeal that, according to that case-law, ‘the [OSCURATO:PERSONA] was at liberty to take into account certain aspects of “gravity” within the meaning of [OSCURATO:PERSONA] 23 of [OSCURATO:PERSONA] 1/2003 in the context of mitigating and aggravating circumstances’ and that ‘[t]his applies, in particular, to the assessment of the relative gravity of the participation in a single and continuous infringement committed by several undertakings’. 104 In addition, the [OSCURATO:PERSONA] rightly pointed out, in paragraph 92 of the judgment under appeal that, applying the 2006 [OSCURATO:PERSONA], it was open to the [OSCURATO:PERSONA] to take into account the relative gravity of the participation of an undertaking in an infringement and the particular circumstances of the case when assessing the gravity of the infringement or when adjusting the basic amount according to the mitigating and/or aggravating circumstances. It added, correctly, that ‘[w]here the [OSCURATO:PERSONA] follows the latter approach, the assessment of mitigating and aggravating circumstances must, however, enable sufficient account to be taken of the relative gravity of the participation in a single infringement, and any variation in that gravity over time’. 105 That option is not only consistent with the case-law referred to in paragraphs 99 and 100 above, since the undertaking’s individual conduct must, in any event, be taken into account when the amount of the fine is determined, but also because it is foreseen by the [OSCURATO:PERSONA] in the 2006 [OSCURATO:PERSONA]. While, under point 20 of those guidelines, the gravity of the infringement must be assessed on a case-by-case basis for all types of infringement, taking account of all relevant circumstances of the case, point 27 thereof also provides that, in setting the fine, the [OSCURATO:PERSONA] may take into account circumstances that result in an increase or decrease in the basic amount of that , on the basis of an overall assessment which takes account of all the relevant circumstances, a list of examples of aggravating and mitigating circumstances being indicated in points 28 and 29 of those guidelines. 106 In those circumstances, the [OSCURATO:PERSONA] did not err in law when holding, in essence, in paragraph 93 of the judgment under appeal, that the [OSCURATO:PERSONA] was entitled to lay down a single rate for all the undertakings concerned and that the relative gravity of [OSCURATO:PERSONA]’ participation in the cartel could be examined in the context of the assessment of mitigating circumstances. 107 Contrary to what is maintained by the appellants, such an approach does not entail any unlawful reversal of the burden of proof. 108 It is true that point 29 of the 2006 [OSCURATO:PERSONA] states, in relation to a number of the mitigating circumstances referred to therein, that it is for the undertaking concerned to provide evidence of the circumstances on which it relies. However, the fact remains that the burden of proof is on the [OSCURATO:PERSONA] to establish, subject to review by the [OSCURATO:PERSONA] judicature, the degree of gravity of the individual conduct of the undertakings which it intends to sanction for infringing [OSCURATO:PERSONA] 81 EC and that it must to that end take into account all the relevant circumstances, in accordance with the case-law referred to in paragraphs 99 and 100 above and point 27 of the 2006 [OSCURATO:PERSONA]. 109 Furthermore, it follows from the above considerations that the reasoning put forward by the [OSCURATO:PERSONA] in order to dismiss the arguments of [OSCURATO:PERSONA], claiming that there was an obligation to set the fine imposed on it on the basis of its individual role satisfied the conditions laid down in the case-law referred to in paragraphs 64 and 65 above. 110 Therefore, the first limb of this ground must be dismissed as unfounded. 111 With regard to the second limb of the third ground of appeal, directed against paragraph 94 of the judgment under appeal, it should be noted that the [OSCURATO:PERSONA] stated in that paragraph as follows: ‘As regards the alleged infringement of the principle of proportionality, the [OSCURATO:PERSONA] considers that, taken separately, a rate of 17% is not disproportionate in relation to [OSCURATO:PERSONA]’ actual responsibility for the infringement, which consisted, inter alia, in market-sharing and manipulating the procedure for the submission of tenders. Point 23 of the 2006 [OSCURATO:PERSONA] states clearly that the proportion of the value of sales taken into account for horizontal price-fixing and market-sharing agreements will generally be set “at the higher end of the scale”. [OSCURATO:PERSONA] was therefore entitled to set a rate of 17%, which is in the lower part of the “higher end of the scale”.’ 112 It follows from the above, first, that, however concise, the reasoning put forward in that paragraph makes it perfectly possible to understand the reasons why the [OSCURATO:PERSONA] rejected [OSCURATO:PERSONA]’ complaint alleging the infringement, by the [OSCURATO:PERSONA], of the principle of proportionality when fixing the rate applicable to the value of sales in order to determine the basic amount of the fine imposed on it. 113 Second, considering that, as is apparent from paragraph 104 above, the [OSCURATO:PERSONA], without erring in law, could consider that the [OSCURATO:PERSONA] was entitled to take into account the relative gravity of the participation of [OSCURATO:PERSONA] in the infringement in question when assessing the mitigating or aggravating circumstances, the [OSCURATO:PERSONA] could, without contradicting itself, consider that, in the context of the fixing of the rate of the value of sales to be adopted in order to determine the basic amount of the fine, the [OSCURATO:PERSONA] could limit itself to referring to the nature of the infringement in question. 114 Finally, the [OSCURATO:PERSONA] having set out, in paragraph 93 of the judgment under appeal, that it would assess the relative gravity of [OSCURATO:PERSONA]’ participation in the cartel in question in the context of its examination of the complaints alleging that the [OSCURATO:PERSONA] incorrectly assessed the mitigating circumstances – which it did in paragraphs 125 to 130 of the judgment under appeal – it cannot be inferred from paragraph 94 of the judgment under appeal that the [OSCURATO:PERSONA], in violation of EU law, failed to examine [OSCURATO:PERSONA]’ individual responsibility. 115 It is thus apparent that the second limb of the first ground of appeal is also unfounded. 116 With regard to the third limb of the third ground of appeal it should be noted, as a preliminary point, that, even though the [OSCURATO:PERSONA] wrongly held, in paragraphs 97 to 99 of the judgment under appeal, that the adoption of the 2006 [OSCURATO:PERSONA] replacing those which had been adopted in 1998 rendered the [OSCURATO:PERSONA] obligation to state reasons more onerous when imposing sanctions for the infringement of EU competition law, that has no bearing on the analysis of whether the present limb is well founded. In paragraphs 100 and 101 of the judgment under appeal, the [OSCURATO:PERSONA], in essence, held that the imposition of such a higher standard of reasoning was unnecessary in the case before it. Thus, the [OSCURATO:PERSONA] did not draw any factual or legal conclusion from the considerations set out in paragraphs 97 to 99 of the judgment under appeal. 117 [OSCURATO:PERSONA] request must therefore be regarded as being directed against grounds included in the judgment under appeal purely for the sake of completeness and, consequently, as it is ineffective, it must, in any event, be rejected (see, to that effect, Order of 25 March 1996 in [OSCURATO:PERSONA] C‑137/95 P SPO and Others v [OSCURATO:PERSONA] [1996] ECR I‑1611, paragraph 47 and case-law cited, and [OSCURATO:PERSONA] C‑182/99 P Salzgitter v [OSCURATO:PERSONA] [2003] ECR I‑10761, paragraphs 54 and 55). 118 With regard to the appellants’ arguments, since they rely, in essence, both on the infringement of the [OSCURATO:PERSONA] duty to review the [OSCURATO:PERSONA] obligation to state reasons and of its own obligation to state reasons, it should, first, be borne in mind that the obligation to state reasons laid down in [OSCURATO:PERSONA] 253 EC is an essential procedural requirement that must be distinguished from the question whether the reasoning is well founded, which goes to the substantive legality of the measure at issue ([OSCURATO:PERSONA] C‑521/09 P [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [2011] ECR I‑8947, paragraph 146 and case-law cited). 119 In that regard, first, the statement of reasons required under [OSCURATO:PERSONA] 253 EC must be appropriate to the measure in question and must disclose in a clear and unequivocal fashion the reasoning followed by the institution which adopted that measure, in such a way as to enable the persons concerned to ascertain the reasons for the measure and to enable the competent [OSCURATO:PERSONA] of the [OSCURATO:PERSONA] to exercise its jurisdiction to review legality. With regard, in particular, to the reasons given for individual decisions, the purpose of the obligation to state reasons for an individual decision is, in addition to permitting review by the Courts, to provide the person concerned with sufficient information to know whether the decision may be vitiated by an error enabling its validity to be contested ( [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraphs 147 and 148 and case-law cited). 120 Second, the requirement to state reasons must be assessed by reference to the circumstances of the case, in particular the content of the measure in question, the nature of the reasons given and the interest which the addressees of the measure, or other parties to whom it is of direct and individual concern, may have in obtaining explanations. It is not necessary for the reasoning to go into all the relevant facts and points of law, since the question whether the statement of reasons meets the requirements of [OSCURATO:PERSONA] 253 EC must be assessed with regard not only to its wording but also to its context and to all the legal rules governing the matter in question (see [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraph 150 and case‑law cited). 121 Furthermore, with regard to the choice of the proportion of the value of the sales used for determining the basic amount of the fine, point 21 of the 2006 [OSCURATO:PERSONA] states that ‘[a]s a general rule, the proportion of the value of sales taken into account will be set at a level of up to 30% of the value of sales’. Point 22 of those guidelines states that ‘[i]n order to decide whether the proportion of the value of sales to be considered in a given case should be at the lower end or at the higher end of that scale, the [OSCURATO:PERSONA] will have regard to a number of factors, such as the nature of the infringement, the combined market share of all the undertakings concerned, the geographic scope of the infringement and whether or not the infringement has been implemented’. Point 23 of the 2006 [OSCURATO:PERSONA] states that ‘the proportion of the value of sales taken into account for [horizontal price‑fixing, market-sharing and output-limitation agreements, which are usually secret] will generally be set at the higher end of the scale’. 122 In the present case, with regard to the proportion of the value of sales used for determining the basic amount of the fine, the [OSCURATO:PERSONA], after holding, in paragraph 96 of the judgment under appeal, that ‘the [OSCURATO:PERSONA] gave sufficient reasons for classifying the infringement as “very serious” and noting, in paragraph 98 of that judgment, the essential elements of points 19, 21 and 23 of the 2006 [OSCURATO:PERSONA], stated in paragraph 100 of that judgment, as follows: ‘… in recital 543 of the [contested decision], the [OSCURATO:PERSONA] set the percentage at a level scarcely above the mid-point of the scale, namely at 17%, basing its choice solely on the “very serious” nature of the infringement. However, the [OSCURATO:PERSONA] has failed to explain in a more detailed manner how the classification of the infringement as “very serious” has led it to set the percentage at 17% and not at a percentage considerably more “at the higher end of the scale”. That reasoning can be sufficient only where the [OSCURATO:PERSONA] applies a percentage very close to the lower end of the scale laid down for the most serious restrictions, that being, moreover, highly favourable to the applicant. In that case, supplementary reasons going beyond the reasoning inherent in the guidelines are not necessary. By contrast, had the [OSCURATO:PERSONA] wished to apply a higher percentage, it would have had to provide more detailed reasons …’ 123 [OSCURATO:PERSONA] concluded from the above, in paragraph 101 of the judgment under appeal, that ‘[a]s regards the reasoning concerning the setting of an undifferentiated percentage at 17%, it may be inferred from the [contested decision] that the [OSCURATO:PERSONA] proceeds from the principle that the finding of a single and continuous infringement justifies the application of a single percentage. That finding is sufficiently reasoned and well founded’, the [OSCURATO:PERSONA] referring in that regard to paragraphs 39 et seq. of the judgment under appeal, in which it held that the [OSCURATO:PERSONA] had correctly found that [OSCURATO:PERSONA] had taken part in the single and continuous infringement described in the contested decision. 124 It follows from those considerations, first of all, that the [OSCURATO:PERSONA] held, in conformity with the case-law referred to in paragraph 119 above, that the reasons put forward by the [OSCURATO:PERSONA] in the contested decision relating to the proportion of the value of sales adopted in order to determine the basic amount of the fine are clear, unequivocal and compatible with the method stated in points 21 and 23 of the 2006 [OSCURATO:PERSONA]. In that regard, it should be recalled that, in those points 21 and 23, the [OSCURATO:PERSONA] stated that, as a general rule, it would set a proportion at a level of up to 30% of the value of sales but that, for infringements such as horizontal price-fixing and market-sharing agreements – the classification adopted in the contested decision for the single and continuous infringement in question and which the appellants did not contest before the [OSCURATO:PERSONA] – the proportion adopted would generally be set ‘at the higher end of the scale’. 125 Second, since the 17% rate was markedly lower than the upper limit of the scale mentioned by the [OSCURATO:PERSONA] in those guidelines for the most serious infringements, the [OSCURATO:PERSONA], correctly, stated that that rate was extremely favourable to [OSCURATO:PERSONA]. Therefore, in accordance with the case-law referred to in paragraph 120 above, the [OSCURATO:PERSONA] was justified in holding that [OSCURATO:PERSONA] did not have the right to receive a specific explanation regarding the choice to apply that percentage and that the [OSCURATO:PERSONA] was therefore not bound to provide a specific statement of reasons in the contested decision on that point. 126 Finally, it is not apparent from the judgment under appeal and is moreover not alleged by the appellants, that the contested decision was adopted in a specific context or related to a cartel that presented particular features which called for a specific statement of reasons from the [OSCURATO:PERSONA] with regard to its choice of the proportion of the value of sales adopted in order to determine the basic amount of the fine, going beyond that put forward, the absence of which should have been sanctioned by the [OSCURATO:PERSONA]. 127 Accordingly, it cannot be considered that the [OSCURATO:PERSONA] infringed [OSCURATO:PERSONA] 253 EC by not sanctioning deficient reasoning in the contested decision with regard to the choice of the proportion of the value of sales adopted in order to determine the basic amount of the fine, or even in relieving the [OSCURATO:PERSONA] of any obligation to state reasons in that regard. 128 In the second place, it follows from the above that the reasoning of the [OSCURATO:PERSONA] in paragraphs 95 to 101 of the judgment under appeal satisfies the requirements of the case-law referred to in paragraphs 64 and 65 above. 129 The third limb of this ground must, therefore be rejected as unfounded as, consequently, must the third ground of appeal. The fourth ground of appeal, relating to the multiplication of the value of the sales by the number of years of the infringement [OSCURATO:PERSONA] of the parties 130 The appellants claim that paragraphs 107 to 111 of the judgment under appeal contain an error of law and deficient reasoning in so far as they reject the plea based on the infringement of the proportionality principle set out by point 24 of the 2006 [OSCURATO:PERSONA]. [OSCURATO:PERSONA] failed to respond to the complaint that the systematic multiplication of the amount of the value of the fines by the number of years of participation in the infringement leads to excessive amounts of fines which do not reasonably reflect their gravity. 131 [OSCURATO:PERSONA] considers that that plea is unfounded, the [OSCURATO:PERSONA] having, inter alia, explained how point 24 of the 2006 [OSCURATO:PERSONA] remains within the limits of [OSCURATO:PERSONA] 23(3) of [OSCURATO:PERSONA] 1/2003 and how that provision allows the same weight to be attached both to the gravity of the infringement and its duration. Findings of the [OSCURATO:PERSONA] 132 In the first place, in accordance with the case-law referred to in paragraphs 64 and 65 above, the fact that the [OSCURATO:PERSONA] may have omitted to reply to one of the appellants’ arguments does not constitute an infringement of the obligation to state reasons since the grounds relied on enable them to know the reasons why the [OSCURATO:PERSONA] did not uphold their plea and place the [OSCURATO:PERSONA] in a position to exercise its power of review. 133 In the present case, first, in paragraph 108 of the judgment under appeal, the [OSCURATO:PERSONA] noted the content of [OSCURATO:PERSONA] 23(3) of [OSCURATO:PERSONA] 1/2003, referring to that provision as not ‘specifying the specific manner in which the duration should be taken into account’ and stating that that provision ‘has been clarified in the various guidelines on the method of setting fines’. Second, in paragraph 109 of that judgment under appeal, it stated that even though the method of multiplication by the number of years ‘represents a fundamental change in methodology as to how the duration of a cartel is taken into consideration’, ‘[OSCURATO:PERSONA] 23(3) of [OSCURATO:PERSONA] 1/2003 does not … preclude such a development’, referring in that regard to the fact that various language versions of that provision ‘indicate that [it] attaches equal weight to the gravity and the duration of the infringement’. 134 In addition, the fact that the appellants disagree with the reply given by the [OSCURATO:PERSONA] to their plea cannot constitute a lack of reasoning of the judgment under appeal, in conformity with the case-law referred to in paragraph 118 above. 135 In the second place, to the extent that the appellants seek to rely on the erroneous character of the analysis carried out by the [OSCURATO:PERSONA] by alleging that for the [OSCURATO:PERSONA] to reject the plea in question was to ‘err in law’, it must be held that that allegation is too general and imprecise to be capable of legal analysis and must, therefore, be rejected as inadmissible (see, by analogy, order of 12 December 2006 in [OSCURATO:PERSONA] C‑129/06 P [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , not published in the ECR, paragraphs 31 and 32 and the case-law cited). A mere abstract statement of the grounds in the application does not satisfy the requirements of [OSCURATO:PERSONA] 58 of the Statute of the [OSCURATO:PERSONA] or [OSCURATO:PERSONA] 168(1)(d) of its Rules of Procedure (order in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] , paragraph 30 and case-law cited, and order of 21 March 2013 in [OSCURATO:PERSONA] C‑465/12 P Simov v [OSCURATO:PERSONA] and Bulgaria , not published in the ECR, paragraph 13). 136 It follows from the above that the fourth ground of appeal is in part unfounded and in part in admissible. The fifth ground of appeal, relating to the additional amount imposed as a deterrent [OSCURATO:PERSONA] of the parties 137 The appellants submit that, assuming that the [OSCURATO:PERSONA] upholds [OSCURATO:PERSONA]’ participation in an overall plan, that company did not in any event participate in the price-fixing or market-sharing agreements or in the limitation of production. Therefore, the [OSCURATO:PERSONA] was wrong to find, in paragraphs 116 to 119 of the judgment under appeal, that the [OSCURATO:PERSONA] was justified in imposing on it an additional amount of 17% of the value of the sales. 138 [OSCURATO:PERSONA] considers that this ground must be rejected, for the reasons already given by it in the context of the first ground. Findings of the [OSCURATO:PERSONA] 139 According to point 25 of the 2006 [OSCURATO:PERSONA], ‘irrespective of the duration of the undertaking’s participation in the infringement, the [OSCURATO:PERSONA] will include in the basic amount a sum of between 15% and 25% of the value of sales … in order to deter undertakings from even entering into horizontal price-fixing … agreements’. 140 First, as follows from the analysis of the first ground of appeal, the [OSCURATO:PERSONA] did not err in law by holding that the [OSCURATO:PERSONA] was entitled to consider that [OSCURATO:PERSONA] had participated in the single and continuous infringement referred to in [OSCURATO:PERSONA] 1 of the contested decision. Second, the appellants do not contest the findings of the [OSCURATO:PERSONA] in paragraphs 44 and 45 of the judgment under appeal according to which, in essence, ‘the commission and cover quote arrangements were concerned with price’. [OSCURATO:PERSONA], since they have not denied participating in the single and continuous infringement referred to in [OSCURATO:PERSONA] 1 of the contested decision, the appellants did not, before the [OSCURATO:PERSONA], call into question the fact that that infringement falls within the category of horizontal price-fixing agreements mentioned in paragraph 25. 141 Accordingly, the [OSCURATO:PERSONA] cannot have erred in law by considering in essence, in paragraphs 116 to 119 of the judgment under appeal, that the [OSCURATO:PERSONA] was justified in imposing upon them an additional amount intended to have deterrent effect under point 25 of the 2006 [OSCURATO:PERSONA]. Thus, the fifth ground of appeal cannot be upheld. The sixth plea in law, relating to mitigating circumstances [OSCURATO:PERSONA] of the parties 142 The appellants claim that the [OSCURATO:PERSONA] erred in holding that there were no mitigating circumstances which justified a reduction of the fine imposed on [OSCURATO:PERSONA]. 143 First, in paragraphs 124 to 130 of the judgment under appeal, the [OSCURATO:PERSONA] erred in law and distorted the clear sense of the evidence, on the grounds already set out in the context of the first ground of appeal, by holding that the commissions and cover quotes agreements in which [OSCURATO:PERSONA] took part did not constitute less serious infringements than the price-fixing agreement and that the fact that it had only participated in the system of cover quotes from February 2002 was not relevant for the assessment of the gravity of the infringement. In relation to the latter point, it also failed to comply with its duty to state reasons, inter alia in the light of the position it adopted in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] . 144 Second, the [OSCURATO:PERSONA], in paragraphs 131 to 134 of the judgment under appeal, erred in law and failed to comply with its obligation to state reasons by not responding to the argument according to which, in so far as the [OSCURATO:PERSONA] can hold an undertaking responsible for the unlawful conduct of its employees regardless of whether the undertaking authorised, encouraged or instigated that conduct or was even aware of it, it cannot disclaim liability for the cover quotes that were for the most part issued at the request of its own officials. 145 [OSCURATO:PERSONA] takes the view that this ground is unfounded. First, as already explained in response to the first ground, both the commissions and the cover quotes had an effect on the prices and the sharing of the market. Second, taking into account the wording of the fifth indent of point 29 of the 2006 [OSCURATO:PERSONA], the only relevant question was whether the [OSCURATO:PERSONA] had authorised or encouraged the cover quotes agreement. According to the [OSCURATO:PERSONA], that was not the case. Findings of the [OSCURATO:PERSONA] 146 In the first place, to the extent that the applicant alleges that the [OSCURATO:PERSONA] ‘distorts the clear sense of the evidence for the reasons discussed in the context of the first ground of appeal’, it must be held that that allegation, which is moreover formulated in a very general way, has the same defects as that formulated in the context of the first ground of appeal. It must, therefore, be rejected on the same grounds as those already stated in paragraphs 62 to 63 above. With regard to the alleged error of law which, according to the appellants, was also established in the context of the first ground of appeal, it should be recalled that that first ground has, in paragraph 68 above, been rejected as partly unfounded and partly inadmissible. The same must therefore apply to that allegation, since it is based on that ground. 147 In the second place, by their argument according to which the continuous and single infringement in question was less grave in nature during the period in which [OSCURATO:PERSONA] participated in it compared to when the infringement was initiated, the applicants seek to call into question assessments of a factual nature carried out by the [OSCURATO:PERSONA], without referring in that regard to distortion. That argument is, consequently, inadmissible, in accordance with the case-law set out in paragraphs 59 and 60 of this appeal. 148 In the third place, it should be recalled that, according to the third indent of point 29 of the 2006 [OSCURATO:PERSONA], ‘[t]he basic amount may be reduced where the [OSCURATO:PERSONA] finds that the anti-competitive conduct of the undertaking has been authorised or encouraged by public authorities or by legislation’, as the [OSCURATO:PERSONA] observed in paragraph 131 of the judgment under appeal. According to the clear wording of that provision, in order to assess the possibility of granting the benefit of those mitigating circumstances, it is not a question of determining whether a public authority can be held responsible for the anti-competitive conduct in question as a result of the alleged conduct of some of its agents but only of determining whether such an authority, in its capacity as a public authority, has ‘authorised or encouraged’ that conduct. 149 [OSCURATO:PERSONA] did not therefore misinterpret that provision by holding only, in order to reject [OSCURATO:PERSONA]’ plea, in paragraph 132 of the judgment under appeal, that ‘there is nothing in the documents before the [OSCURATO:PERSONA] which shows that the [OSCURATO:PERSONA], as an institution, authorised, encouraged or requested the cover quotes’ and in developing the reasoning in support of that assertion in paragraphs 132 to 135 of that judgment. 150 Finally, the reasoning of the [OSCURATO:PERSONA] in paragraphs 131 to 134 of the judgment under appeal is in conformity with the requirements of the case-law referred to in paragraphs 64 and 65 above. First, for the reasons already set out in paragraphs 66 and 67 above, the position adopted by the [OSCURATO:PERSONA] in [OSCURATO:PERSONA] v [OSCURATO:PERSONA] was not relevant for the present case. Second, in paragraph 134 of the judgment under appeal, the [OSCURATO:PERSONA] rejected in a reasoned manner the argument that [OSCURATO:PERSONA] drew from the [OSCURATO:PERSONA] alleged awareness of the anti-competitive conduct in question. [OSCURATO:PERSONA], considering, as follows from paragraph 148 above, that [OSCURATO:PERSONA]’ arguments, being influenced by the principles governing the responsibility of parent companies for the conduct of their subsidiaries, were not relevant for the assessment of whether the appellants were entitled to benefit from the mitigating circumstance provided for in the fifth indent of point 29 of the 2006 [OSCURATO:PERSONA], the [OSCURATO:PERSONA] was not bound to reply to it explicitly, beyond the reasoning already advanced in that regard in paragraph 134 of the judgment under appeal. 151 In the light of the foregoing, the sixth ground of appeal must be rejected as partly inadmissible and partly unfounded. The seventh ground of appeal, alleging the lack of any basis for attributing the infringements committed by [OSCURATO:PERSONA] to [OSCURATO:PERSONA] of the parties 152 The appellants claim that the [OSCURATO:PERSONA] wrongly found, in paragraphs 155 to 157 of the judgment under appeal, that [OSCURATO:PERSONA] can be held jointly and severally liable for the payment of EUR 1.3 million. First, the [OSCURATO:PERSONA] was not entitled to rely on its judgment in [OSCURATO:PERSONA] T‑259/02 to T‑264/02 and T‑271/02 [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2006] [OSCURATO:PERSONA]‑5169 so as to hold that the [OSCURATO:PERSONA] could choose to address the contested decision only to the current parent companies of [OSCURATO:PERSONA], and not to the natural person who was its proprietor until 7 September 2000. The facts of the case which gave rise to that judgment are not comparable to those at issue in the present case. 153 Second, the [OSCURATO:PERSONA] was not entitled to hold that the contested decision dealt ‘symmetrically’ with the period before 8 September 2000 and that after that date on the ground that, in respect of those two periods, the [OSCURATO:PERSONA] did not hold [OSCURATO:PERSONA]’ ultimate owner responsible – [OSCURATO:PERSONA] being itself owned by another company – without evaluating the respective positions of the ultimate owner in the light of the case-law concerning the responsibility of parent companies for the conduct of their subsidiaries. In the present case, the person who owned [OSCURATO:PERSONA] during the first period was directly involved in its management, in contrast to the ultimate parent company of [OSCURATO:PERSONA] during the second period. 154 [OSCURATO:PERSONA] replies that this ground ought to be rejected. It states, first, that the [OSCURATO:PERSONA] accepted that it was entitled to hold [OSCURATO:PERSONA] responsible for the infringement committed by [OSCURATO:PERSONA] from 8 September 2000 to 10 September 2003 and that [OSCURATO:PERSONA] does not contest that. Second, it maintains that the case-law may not be interpreted as meaning that the [OSCURATO:PERSONA] power not to impute responsibility to a parent company is limited to cases in which that company has ceased to exist. Finally, the [OSCURATO:PERSONA] cannot be criticised for not examining the respective positions of the ultimate owners of [OSCURATO:PERSONA] in the light of the case-law concerning the responsibility of parent companies, since the contested decision did not contain any assessment in that regard. Findings of the [OSCURATO:PERSONA] 155 As a preliminary point, it should be borne in mind that the appellants do not dispute that the reasoning applied in paragraphs 155 to 157 of the judgment under appeal, in which the [OSCURATO:PERSONA] rejected [OSCURATO:PERSONA]’s arguments alleging that the [OSCURATO:PERSONA] could not hold it responsible for the infringement committed by [OSCURATO:PERSONA] as from its acquisition of [OSCURATO:PERSONA], in so far as the [OSCURATO:PERSONA] had not held the earlier owner of [OSCURATO:PERSONA] responsible for that infringement in respect of the period during which that proprietor owned [OSCURATO:PERSONA]. 156 In that regard, it should be observed, first, that, under [OSCURATO:PERSONA] 15(2) of [OSCURATO:PERSONA] 17 and [OSCURATO:PERSONA] 23(2)(a) of [OSCURATO:PERSONA] 1/2003, the [OSCURATO:PERSONA] may by decision impose fines on undertakings which infringe [OSCURATO:PERSONA] 81 EC. 157 In addition, the conduct of a subsidiary may be imputed to the parent company in particular when, although having a separate legal personality, that subsidiary does not decide independently on its own conduct on the market, but carries out, in all material respects, the instructions given to it by the parent company, having regard in particular to the economic, organisational and legal links which tie those two legal entities. That is the case because, in such a situation, the parent company and its subsidiary form a single economic unit and therefore form a single undertaking for the purposes of EU case-law ([OSCURATO:PERSONA] C‑97/08 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2009] ECR I‑8237, paragraphs 58 and 59, and [OSCURATO:PERSONA] C‑628/10 P and C‑14/11 P [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] and Others [2012] ECR I‑0000, paragraphs 43 and 44). 158 According to the [OSCURATO:PERSONA] settled case-law, the concept of an undertaking covers any entity engaged in an economic activity, regardless of its legal status and the way in which it is financed ( [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 112, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 54). That concept must be understood as designating an economic unit even if in law that economic unit consists of several persons, natural or legal ([OSCURATO:PERSONA] 170/83 [OSCURATO:PERSONA] [1984] ECR 2999, paragraph 11, and [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] , paragraph 55). 159 It thus follows both from [OSCURATO:PERSONA] 23(2)(a) of [OSCURATO:PERSONA] 1/2003 2004 and from the case-law referred to in the preceding paragraphs that, while the [OSCURATO:PERSONA] may impose fines on undertakings which infringe [OSCURATO:PERSONA] 81 EC and may, where the necessary conditions are satisfied, impute responsibility for the offending conduct of a subsidiary to its parent, these are mere options (see also, to that effect, [OSCURATO:PERSONA] C‑125/07 P, C‑133/07 P, C‑135/07 P and C‑137/07 P [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [2009] ECR I‑8681, paragraph 82). Neither that provision nor the case-law, in so far as they employ the verb ‘may’ and refer to the concept of an undertaking, lay down which legal or natural person the [OSCURATO:PERSONA] is obliged to hold responsible for the infringement or to sanction by the imposition of a fine. 160 Considering the discretion which it enjoys in that regard, the fact that the [OSCURATO:PERSONA] holds a parent company responsible for the conduct of its subsidiary which participated directly in the infringement does not imply in any way that it is also under the obligation to hold the earlier parent company of that subsidiary responsible or jointly responsible. In that regard, it may also be recalled that, where an undertaking has acted in breach of [OSCURATO:PERSONA] 81 EC, it cannot escape being penalised altogether on the ground that another trader has not been fined (see, to that effect, [OSCURATO:PERSONA] C‑89/85, C‑104/85, C‑114/85, C‑116/85, C‑117/85 and C‑125/85 to C‑129/85 [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] [1993] ECR I‑1307, paragraph 197). 161 Accordingly, the [OSCURATO:PERSONA] did not err in law when holding, in paragraph 156 of the judgment under appeal, that ‘[a]ccording to case-law, the [OSCURATO:PERSONA] has a margin of discretion as to whether to extend the responsibility for an infringement to a parent company, in addition to the company directly involved in the anti‑competitive conduct’ and that ‘[t]hat margin of discretion also implies that the [OSCURATO:PERSONA] may choose to address the decision only to the current parent companies of the undertaking in question and not to the former owners of the group’, without it being necessary for the [OSCURATO:PERSONA] to rule on whether it was well founded in law for the [OSCURATO:PERSONA] to refer in that regard to its judgment in [OSCURATO:PERSONA] and Others v [OSCURATO:PERSONA] . 162 In the second place, it should be noted that, in the exercise of the discretion which is thus conferred upon it, the [OSCURATO:PERSONA] is bound to comply with the general principles of EU law and the fundamental rights guaranteed at [OSCURATO:PERSONA] level, including the principle of equal treatment (see, to that effect, [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] and Others , paragraphs 58 and 59 and case-law cited). 163 In the present case, the [OSCURATO:PERSONA] nevertheless, in paragraph 157 of the judgment under appeal, ruled out any risk of unequal treatment of the ultimate owners of [OSCURATO:PERSONA], relied on by the appellants before it, stating that ‘the [OSCURATO:PERSONA] did not extend responsibility for the infringement at issue to … the applicants’ current holding company’. 164 In the third place it is true that it falls, in principle, to the natural or legal person managing the undertaking in question when the infringement was committed to answer for that infringement, even if, when the decision finding the infringement was adopted, another person had assumed responsibility for operating the undertaking ([OSCURATO:PERSONA] C‑279/98 P Cascades v [OSCURATO:PERSONA] [2000] ECR I‑9693, paragraph 78, and [OSCURATO:PERSONA] C‑286/98 P [OSCURATO:PERSONA] v [OSCURATO:PERSONA] [2000] ECR I‑9925, paragraph 37). 165 However, in the present case, it is apparent from [OSCURATO:PERSONA] 1(g) of the contested decision that [OSCURATO:PERSONA] is held responsible for the infringement committed by [OSCURATO:PERSONA] only for the period during which the [OSCURATO:PERSONA] found, as upheld by the [OSCURATO:PERSONA], that it constituted with [OSCURATO:PERSONA], TR and [OSCURATO:PERSONA] one and the same undertaking within the meaning of [OSCURATO:PERSONA] 81 EC. The fact that [OSCURATO:PERSONA] may, pursuant to accounting obligations or other legal obligations, bear the entire cost of the fine imposed on [OSCURATO:PERSONA] is not relevant to the assessment, in the light of [OSCURATO:PERSONA] 81 EC, of the lawfulness of the imputation of the responsibility for the infringement in question to [OSCURATO:PERSONA]. 166 Finally, in so far as, by the present ground of appeal, the appellants seek to call into question the conclusion at which the [OSCURATO:PERSONA] arrived by referring to the factual circumstances which should, according to them, have led it to ruling in their favour, their arguments are inadmissible, in accordance with the case-law referred to in paragraphs 59 and 60 above. 167 It follows that the seventh ground of appeal is in part unfounded and in part inadmissible. The eighth ground of appeal, alleging that the fine is disproportionate [OSCURATO:PERSONA] of the parties 168 The appellants claim, first, that according to the seventh ground of appeal, the parent companies of [OSCURATO:PERSONA] cannot be held responsible for the infringement in question. They claim, second, that, in paragraphs 161 and 162 of the judgment under appeal the [OSCURATO:PERSONA] failed to reply to the complaint according to which, in the light of small size of the market in question and the limited market share on that market of [OSCURATO:PERSONA], the amount of the fine which was imposed on it, which exceeds 60% of its total turnover in 2006, is manifestly disproportionate and infringes [OSCURATO:PERSONA] 23 of [OSCURATO:PERSONA] 1/2003. There was no justification for its finding that such a fine satisfied the requirement of proportionality. 169 [OSCURATO:PERSONA] replies that this ground ought to be rejected. Findings of the [OSCURATO:PERSONA] 170 In the first place, it should be recalled that, on the one hand, as follows from the analysis of the seventh ground of appeal, the [OSCURATO:PERSONA] did not err in law when holding, in essence, that the [OSCURATO:PERSONA] was entitled to impute to [OSCURATO:PERSONA] the responsibility for the infringement committed by [OSCURATO:PERSONA]. 171 On the other hand, according to [OSCURATO:PERSONA] 23(2) of [OSCURATO:PERSONA] 1/2003, the fines which the [OSCURATO:PERSONA] may impose on undertakings which infringe [OSCURATO:PERSONA] 81 EC are not to infringe, for each undertaking participating in the infringement, 10% of its total turnover in the business year preceding the adoption of the decision imposing the fine ([OSCURATO:PERSONA] C‑291/98 P Sarrió v [OSCURATO:PERSONA] [2000] ECR I‑9991, paragraph 85). 172 According to settled case-law, that maximum limit relates to the overall turnover of the undertaking concerned, which alone gives an indication of that undertaking’s size and influence on the market ([OSCURATO:PERSONA] C‑308/04 P SGL Carbon v [OSCURATO:PERSONA] [1986] ECR I‑5977, paragraph 81 and case-law cited). 173 It follows from the above that the undertaking to be taken into account for the purposes of the application of that provision is the undertaking, within the meaning of EU competition law, which is held responsible for the infringement, and not, if that is constituted by a number of entities, only one of the natural or legal persons which constitute it. 174 It follows that, since the [OSCURATO:PERSONA] found that the appellants in fact constitute a single undertaking within the meaning of [OSCURATO:PERSONA] 81 EC and, consequently, the undertaking to take into account for the purposes of the application of the limit of 10% of the turnover set out in [OSCURATO:PERSONA] 23(2) of [OSCURATO:PERSONA] 1/2003, the [OSCURATO:PERSONA] cannot be regarded as having infringed that provision when holding, in paragraph 161 of the judgment under appeal that ‘[t]he fact that the amount of the fine imposed on [OSCURATO:PERSONA] exceeds 10% of its turnover is irrelevant since that amount is still well below the 10% ceiling of the [OSCURATO:PERSONA] group’s turnover’. 175 In the second place, with regard to the allegation according to which, by ruling accordingly, the [OSCURATO:PERSONA] nevertheless infringed the principle of proportionality, since the amount of the fine imposed on [OSCURATO:PERSONA] exceeded 60% of its turnover in 2006, it follows from the foregoing that the question whether a fine is proportionate must also be assessed in the light of the situation of the undertaking, within the meaning of [OSCURATO:PERSONA] 81 EC, which is held responsible for the infringement in question. 176 In the present case, the proportionality of the fine in question therefore had to be assessed in the light of the situation of the entire [OSCURATO:PERSONA] group. However, before the [OSCURATO:PERSONA], [OSCURATO:PERSONA] did not develop arguments intended to establish that the fine which was imposed on it by the contested decision was disproportionate in the light of the situation of the undertaking to which it belonged and which was held responsible for the infringement by that decision. On the contrary, it follows from the file relating to the proceedings before the [OSCURATO:PERSONA] that [OSCURATO:PERSONA] alleged only that the fine imposed on it was disproportionate because it exceeded the ceiling of 10% of its own turnover. Equally, the [OSCURATO:PERSONA] group referred only to the allegedly high level of the fine imposed on it in order to prove that it was unable to pay. 177 [OSCURATO:PERSONA] did not, therefore, in paragraphs 161 and 162 of the judgment under appeal, disregard the principle of proportionality when rejecting as irrelevant the argument which [OSCURATO:PERSONA] based on its own turnover. 178 In the third place, on the one hand, in the light of the above factors and the fact that, in paragraph 154 of the judgment under appeal, the [OSCURATO:PERSONA] stated that, since the appellants constituted an undertaking within the meaning of EU competition law, ‘[OSCURATO:PERSONA]’s turnover may be taken into account for the purposes of determining the 10% ceiling provided for in the second subparagraph of [OSCURATO:PERSONA] 23(2) of [OSCURATO:PERSONA] 1/2003’ and considering, on the other hand, the case-law referred to in paragraphs 64 and 65 above, the [OSCURATO:PERSONA] provided sufficient reasons for its rejection of the argument alleging that the fine imposed was disproportionate. 179 The eighth ground of appeal must accordingly be rejected. The ninth ground of appeal, based on the refusal to review the reasoning relating to the reduction of the fine imposed on another undertaking [OSCURATO:PERSONA] of the parties 180 The appellants claim that paragraphs 171 to 176 of the judgment under appeal err in law and contain deficient reasoning. First, the [OSCURATO:PERSONA] was not entitled to deny [OSCURATO:PERSONA] equal treatment with another undertaking which participated in the cartel on the ground that, in contrast to the latter, it did not make a request for reduction of the fine before the adoption of the contested decision, such a requirement being impossible to satisfy. The evidence required by point 35 of the 2006 [OSCURATO:PERSONA] cannot be adduced as long as the amount of the fine is not known. 181 Second, the reasoning put forward by the [OSCURATO:PERSONA] is contradictory and incomplete. The fact that that a reduction was granted to that other undertaking shows that the lack of a specific social and economic context was not relevant to the grant of a reduction on the ground of inability to pay. [OSCURATO:PERSONA] was therefore not entitled to reject the appellants’ request on the ground that they did not dispute the fact that no such context existed in the present case. 182 In reality, either the [OSCURATO:PERSONA] did not have a valid ground for granting that reduction only to that other undertaking or it should have explained why it granted a reduction only to it. The grounds for which that reduction has been granted to that other undertaking are not however made apparent in the contested decision as addressed to the appellants. [OSCURATO:PERSONA] having, moreover, rejected the request for production of documents presented by [OSCURATO:PERSONA], the appellants are deprived of the possibility of showing that, had the [OSCURATO:PERSONA] applied to them the criteria applicable to that other undertaking, they would also have received a reduction in the fine. Thus, the present ground must be upheld and, should the [OSCURATO:PERSONA] decide to rule itself on the dispute, the [OSCURATO:PERSONA] should be ordered to disclose those criteria and then to provide [OSCURATO:PERSONA] the opportunity of explaining why those grounds also apply to its situation, or to reduce the fine by an amount which reflects the principles which the [OSCURATO:PERSONA] applied to that other undertaking. 183 [OSCURATO:PERSONA] rejects those claims. Findings of the [OSCURATO:PERSONA] 184 In the first place, it should be borne in mind that, according to point 35 of the 2006 [OSCURATO:PERSONA], ‘[t]he [OSCURATO:PERSONA] may, upon request, take account of the undertaking’s inability to pay in a specific social and economic context’, it being specified that ‘[a] reduction could be granted solely on the basis of objective evidence that imposition of the fine as provided for in these [OSCURATO:PERSONA] would irretrievably jeopardise the economic viability of the undertaking concerned and cause its assets to lose all their value’. 185 Having regard to the clear wording of that provision, the [OSCURATO:PERSONA] did not err in law when holding, in paragraph 176 of the judgment under appeal that, in order to have the possibility of obtaining the reduction which the [OSCURATO:PERSONA] may grant under that point, it is imperative that a request be submitted to it. The requirement is not impossible to satisfy, including at the stage of the administrative procedure, since, in the light of the information which must appear in the statement of objections and what is stated concerning the method of calculating the fines contained in the 2006 [OSCURATO:PERSONA], the undertaking in question will be able to assess, before the adoption of the decision finding an infringement of [OSCURATO:PERSONA] 81 EC, whether it is reasonably possible to foresee that the fine which could be imposed on it risks, in accordance with that point, irretrievably jeopardising its economic viability and causing its assets to lose all their value. 186 Furthermore, it must be recalled that the principle of equal treatment is a general principle of [OSCURATO:PERSONA] law, enshrined in Articles 20 and 21 of the Charter of [OSCURATO:PERSONA] of the [OSCURATO:PERSONA]. [OSCURATO:PERSONA] has consistently held that the principle of equal treatment requires that comparable situations must not be treated differently, and different situations must not be treated in the same way, unless such treatment is objectively justified (see [OSCURATO:PERSONA] C‑550/07 P [OSCURATO:PERSONA] and [OSCURATO:PERSONA] v [OSCURATO:PERSONA] and Others [2010] ECR I‑8301, paragraphs 54 and 55 and case-law cited). 187 A breach of the principle of equal treatment as a result of different treatment presumes that the situations concerned are comparable, having regard to all the elements which characterise them. The elements which characterise different situations, and hence their comparability, must in particular be determined and assessed in the light of the subject matter and purpose of the [OSCURATO:PERSONA] act which makes the distinction in question. The principles and objectives of the field to which the act relates must also be taken into account (see [OSCURATO:PERSONA] C‑127/07 [OSCURATO:PERSONA] et Lorraine and Others [2008] ECR I‑9895, paragraphs 25 and 26 and case-law cited). 188 Considering that, as follows from paragraphs 184 and 185 above, the undertaking in question was obliged to submit a request to enable the [OSCURATO:PERSONA] to assess whether it could grant that undertaking the reduction provided for in point 35, the [OSCURATO:PERSONA] was correct to hold, in paragraph 176 of the judgment under appeal, when assessing whether the [OSCURATO:PERSONA] had treated the appellants and the other undertaking at issue equally, that, in the absence of the submission of such a request by the appellants, their situation was not comparable to that of the other undertaking, which thus entitled it to reject, correctly, the appellants’ complaint alleging an infringement of the principle of equal treatment. 189 In the second place, according to the file of the proceedings before the [OSCURATO:PERSONA] and paragraph 174 of the judgment under appeal, the other undertaking in question was granted a reduction in the fine not under point 35 of the 2006 [OSCURATO:PERSONA], since the specific social and economic context required for the application of that point 35 was absent in the present case, but under point 37 of those guidelines, by reason of its particular situation. Point 37 does not refer to the need to establish, as a condition for the advantage it may confer, the existence of a specific social and economic context. It follows that the appellants’ argument alleging contradictory reasoning is based on a misunderstanding of the conditions of application, first, of point 35 of the 2006 [OSCURATO:PERSONA] and, second, of point 37 thereof. That contradiction is not, therefore, established. 190 It follows from the above that the ninth ground of appeal must be rejected and likewise, accordingly, the appellants’ requests to order the [OSCURATO:PERSONA] to produce certain documents and to have the possibility of commenting on them. 191 [OSCURATO:PERSONA] none of the grounds of appeal can be upheld, the appeal must be dismissed in its entirety. Costs 192 In accordance with the second paragraph of [OSCURATO:PERSONA] 184 of the Rules of Procedure, where the appeal is unfounded, the [OSCURATO:PERSONA] shall make a decision as to the costs. [OSCURATO:PERSONA] 138(1) of those rules, which apply to the procedure on appeal by virtue of [OSCURATO:PERSONA] 184(1) of those rules, the unsuccessful party must be ordered to pay the costs if they have been applied for in the successful party’s pleadings. [OSCURATO:PERSONA] the appellants have failed in their appeal and the [OSCURATO:PERSONA] has applied for costs to be awarded against those companies, they should be ordered to pay the costs. [OSCURATO:PERSONA] they brought the appeal jointly, they must bear those costs jointly and severally. On those grounds, the [OSCURATO:PERSONA] ([OSCURATO:PERSONA]) hereby: 1. Dismisses the appeal. 2. [OSCURATO:PERSONA] NV, [OSCURATO:PERSONA], [OSCURATO:PERSONA] and [OSCURATO:PERSONA] jointly and severally to bear the costs. [Signatures] * Language of the case: English.