Competition is a basic mechanism of the market economy and is a simple and efficient means of guaranteeing consumers a level of excellence in terms of the quality and prices of products and services. In order to be effective, competition assumes that the market is made up of suppliers who are independent of each other, with each being subject to the competitive pressure exerted by the others. Article 81(1) of the EC Treaty is designed to prohibit agreements, decisions, and concerted practices which may affect trade between Member States and which have an effect on the prevention, restriction or distortion of competition within the common market. This research focuses on the 2004 European Cement Cartel Fines Case. This case is the biggest case that both the European Commission and the Court of First Instance has ever dealt with in terms of parties and fines. The purpose of this research is to analyse the above-mentioned case and to clarify some of the issues when applying Article 81 (1) of the EC Treaty, especially on the “right to a fair hearing,” the “right to a defense” and “access to the Commission investigation file.”