Order of the Court (Seventh Chamber) of 7 February 2012 -- Total and
   Elf Aquitaine v Commission

   (Case C-421/11 P)

   Appeal -- Regulation (EC) No 1/2003 -- Competition -- Cartel -- Market
   for methacrylates -- Concept of `undertaking' -- Presumption of
   decisive influence -- Obligation to state reasons -- Principle of sound
   administration -- Extension of the authority of a final decision --
   Deterrent multiplying factor -- Indivisible nature of the fine --
   Unlimited jurisdiction

   1.                     Appeals -- Grounds -- Specific criticism of a
   point of the General Court's reasoning necessary (Art. 256 TFEU;
   Statute of the Court of Justice, Art. 58; Rules of Procedure of the
   Court of Justice, Art. 112(1)(c)) (see paras 17, 31, 69-71)

   2.                     Competition -- Union rules -- Infringements --
   Attribution -- Parent company and subsidiaries -- Economic unit --
   Criteria for assessment -- Presumption that a parent company wields
   decisive influence over its wholly-owned subsidiaries (Art. 101 TFEU;
   Council Regulation No 1/2003, Art. 23(2)) (see paras 25, 28, 30, 33,
   38, 46-50, 62)

   3.                     Appeals -- Grounds -- Inadequate statement of
   reasons -- Reliance by the General Court on implied reasoning --
   Whether permissible -- Conditions (Art. 256 TFEU; Statute of the Court
   of Justice, Arts 36 and 53, first para.) (see paras 41-42)

   4.                     Appeals -- Jurisdiction of the Court --
   Challenge on grounds of fairness to the General Court's assessment
   concerning the amount of a fine imposed on an undertaking -- Excluded
   (Art. 101 TFEU; Statute of the Court of Justice, Art. 58; Council
   Regulation No 1/2003, Art. 23) (see para. 87)

   Re:

   Appeal brought against the judgment of the General Court (Fourth
   Chamber) of 7 June 2011 in Case T-206/06 Total and Elf Aquitaine v
   Commission , in which the General Court dismissed the action for
   annulment of Commission Decision C(2006) 2098 final of 31 May 2006
   relating to a proceeding pursuant to Article 81 EC and Article 53 of
   the EEA Agreement (Case COMP/F/38.645 -- Methacrylates) --
   Competition -- Cartel -- Infringement of the principle that the
   institutions must act within the limits of their powers and of the
   principle of proportionality -- Manifestly erroneous interpretation --
   Infringement of the rights of the defence and of the principles of
   equity and of equality of arms -- Duty to state reasons -- Infringement
   of the principle of sound administration.

   Operative part

   1.

   The appeal is dismissed.

   2.

   Total SA and Elf Aquitaine SA are ordered to pay the costs.