Article 23

Periodic penalty payments 1. The Commission may by decision impose on undertakings or associations of undertakings periodic penalty payments of from fifty to one thousand units of account per day, calculated from the date appointed by the decision, in order to compel them: (a) to put an end to an infringement of Article 2 or Article 8 of this Regulation the termination of which it has ordered pursuant to Article 11 or to comply with an obligation imposed pursuant to Article 4 (2); to refrain from any act prohibited under Article 13 (3); to supply complete and correct information which it has requested by decision taken pursuant to Article 19 (5); to submit to an investigation which it has ordered by decision taken pursuant to Article 21 (3). 2. Where the undertakings or associations of undertakings have satisfied the obligation which it was the purpose of the periodic penalty payment to enforce, the Commission may fix the total amount of the periodic penalty payment at a lower figure than that which would arise under the original decision. 3. Article 16 (3) to (6) and Article 17 shall apply.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-21 · Text as adopted (Official Journal); later amendments are not incorporated in this text.