Competition & Antitrust updates

Belgium

Contributed by ALTIUS
BCA suspects Caudalie of imposing minimum resale prices on distributors and limiting active and passive online sales
  • Belgium
  • 14 January 2021

Following dawn raids carried out in 2018, the Belgian Competition Authority's Investigation and Prosecution Service has opened an investigation regarding alleged anti-competitive practices committed by Caudalie, a French cosmetics company specialising in vinotherapy, after a Belgian pharmacist complained that his supplier was imposing a pricing policy on him.


Croatia

Contributed by Schoenherr
Croatian Competition Agency examines legality of exclusivity clauses in lease agreements
  • Croatia
  • 14 January 2021

The Croatian Competition Agency (CCA) recently closed the infringement proceeding against Croatia's largest insurer which had been opened ex officio. The proceeding concerned the exclusivity clauses in the insurer's commercial lease agreements; the CCA's main concern was that the clauses prevented landlords from cooperating with other insurers and thus restricted potential competition in the insurance market.


Czech Republic

Contributed by Schoenherr
Competition authority imposes fine on retailer for abuse of significant market power
  • Czech Republic
  • 14 January 2021

The Office for the Protection of Competition recently announced in a press release that it had imposed a Kc32 million (approximately €1.2 million) fine on Czech retail chain HRUŠKA, spol sro for an alleged abuse of significant market power. According to the press release, the retail chain allegedly violated the Significant Market Power Act by fully transferring all business risks and losses associated with the sale of goods nearing their expiration date to dozens of its suppliers between 2016 and 2019.


Hungary

Contributed by Schoenherr
Future Hungarian 'superbank' exempted from merger control scrutiny
  • Hungary
  • 14 January 2021

The planned merger of three banks into a new Hungarian bank holding (a so-called 'superbank') was announced in Spring 2020. Normally, such a merger would require competition authority approval. However, the government has issued a decree exempting the superbank's merger from competition scrutiny. The government held that the measure was required from a public interest standpoint in order to boost the Hungarian financial sector's competitiveness.


Serbia

Contributed by Schoenherr
Competition authority opens investigation into potential RPM practice in consumer electronics market
  • Serbia
  • 14 January 2021

The Commission for Protection of Competition (CPC) has opened an investigation and conducted dawn raids at the premises of importers and wholesalers of consumer electronics for possible anti-competitive agreements concerning resale price maintenance. Based on a preliminary assessment, the CPC believes that importers and wholesalers imposed price restrictions on retailers.


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