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Anti-Competitive Agreements Fine

The Supreme Administrative Court rules on grossly disproportionate fines for unauthorized acquisition. In 2013, ARMEX Oil acquired a stake in TRANSCARGO without notifying the Competition Bureau and awaiting approval. Two years (…) GVH wins Auchan`s trial at the Hungarian Curia – Budapest, 13 November 2020 – The Hungarian Curia has fully confirmed the GVH`s decision to impose a record fine of more than one billion forints. It is therefore now final that Auchan abused its important market power. (…) On 11 February 2020, the Polish Competition and Consumer Protection Office (UOKIK) fined the maker of office equipment Brother 1.4 million PLN (approximately EUR 325,000) for online retail price maintenance (“RPM”). The UOKIK decision indicates that between 2010 and 2017 (…) AMO SR fined Slovenska poéta, a.s., for failing to provide the necessary documents and information within a specified time frame and for providing false information on 26 October 2020, the Slovak Republic`s Cartel Office, the abuse division of (…) Anti-competitive practices that could affect trade within the United Kingdom are prohibited in Chapters I and II of the Competition Act 1998. Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFUE) also prohibit anti-competitive practices that could affect trade between EU Member States. EU rules will no longer come into force in the UK from 1 January 2021, but UK companies with cross-border activities within the EU remain subject to EU competition law with respect to these activities and national competition law in EU Member States. In September 2019, the Portuguese Competition Authority (AdC) fined Hospital Particular do Algarve (“HPA”) 155,000 euros for jumping for arms for finding that HPA had acquired exclusive control of the Sao Gonéalo Hospital in Lagos without the prior permission of the AdC. The AdC recently announced that it (…) According to a press release issued on 18 September 2020 by the Danish Competition Authority (the Authority), the Danish design company GUBI A/S entered into a transaction with the AMF and fined DKK 6 million (about 800,000 euros) for the resale price (…) On 24 September 2020, the UK Competition and Market Supervisory Authority (CMA) amended its leniency guidelines so that companies seeking leniency disclosure after an investigation into the taxed pricing system (RPM) should only expect a fine of up to 50%. Previously, the (…) Dental Networks: National Council and five Departmental Councils of the College of Dental Ingeons and two trade union federations fined for boycotts The Competition Authority issues fines of 4 million euros to the National Council and five departmental councils of the College of College (…) Companies involved in anti-competitive behaviour may consider their agreements to be unenforceable and may face fines of up to 10% of the group`s global turnover and possible actions for damages.