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BRUSSELS, Belgium (AP) - The European Union's Court of Justice reduced an antitrust fine against automaker DaimlerChrysler AG on Thursday to 9.8 million euros ($12 million) from 71.8 million euros ($88.2 million), annulling a decision by EU regulators that it violated competition rules in Germany and Spain.
The EU judges, however, upheld a decision on DaimlerChrysler's conduct in Belgium, where they said the company participated "in an anti-price-slashing agreement with the Belgian dealers."
The German-American automaker said it was satisfied by the reduction in the fine and the decision to annul the verdicts, but remained disappointed that the Belgian decision was not lifted.
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