General Court 23 July 2025, Case T-84/22: Judgment of the General Court of 23 July 2025 – UBS Group and Others v Commission (Competition – Agreements, decisions and concerted practices – Sector of Foreign Exchange (Forex) spot trading of G10 currencies – Decision finding an infringement of Article 101 TFEU and Article 53 of the EEA Agreement – Exchanges of information – Agreements or concerted practices relating to G10 foreign exchange activities – Restriction of competition by object – Single and continuous infringement – Principle of sound administration – Rights of the defence – Fines – Basic amount – Proxy for value of sales – Article 23(2) and (3) of Regulation (EC) No 1/2003 – Unlimited jurisdiction)

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European Union · · · 23-07-2025

Official Journal of the European Union EN C series C/2025/4751 8.9.2025 Judgment of the General Court of 23 July 2025 – UBS Group and Others v Commission (Case T-84/22) (1) (Competition - Agreements, decisions and concerted practices - Sector of Foreign Exchange (Forex) spot trading of G10 currencies - Decision finding an infringement of Article 101 TFEU and Article 53 of the EEA Agreement -

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