On July 20th 2010, the European Commission has concluded its first settlement of a cartel case in a hybrid scenario, where both the settlement and ordinary procedures were followed. It has fined producers of animal feed phosphates a total of €175 647 000 for operating a cartel that lasted over thirty years. Animal feed phosphates [...]
The European Commission adopted yesterday a new Regulation that ‘block exempts’ distribution and supply agreements at different levels of the production and distribution chain. The existing Vertical Restraints Block Exemption Regulation (VRBER) and accompanying Guidelines were 10 years old. The Regulation and accompanying Guidelines take into account the development, in the last 10 years, of [...]
The Cyprus Commission for the Protection of Competition (CPC) issued its long-awaited decisions in connection to the investigation it carried into the retail fuel market of Cyprus. The investigation concerned the respective violations of national competition legislation on behalf of the four main Cypriot oil companies, namely ExxonMobil Cyprus Ltd (Exxon), Petrolina (Holdings) Public Ltd [...]
The Cyprus Commission for the Protection of Competition (“CPC”) dismissed an application for interim measures by CYTA against Hermes Airports Ltd alleging violations of sections 3 and/or 6 of the Protection of Competition Law 13(I) of 2008 (“Law 13(I)/2008”) – as well as of articles 81 and/or 82 EC.
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