The Cyprus Commission for the Protection of Competition imposes a fine of €1.19 million on an airport company for abuse of dominant position (Hermes Airports)

Introduction On 16 May 2018, the Cyprus Commission for the Protection of Competition (the “Commission”) imposed a fine of €1 193 864 on Hermes Airports Ltd for infringing Section 6(1)(a) of the Protection of Competition Law (Law 13(I)/2008), as amended (the “Law”). The aforesaid infringement is based on the imposition of unfair trading terms in relation to the granting of parking spaces within Larnaca International Airport (“LCA”) to companies that provide valet parking services. The Commission’s decision was concluded following a complaint by Y. Karydas Car Engineering & Valeting Ltd (the “complainant company”) on 18 December 2013. In the context of the said case, the Commission issued an interim decision according to which the cumulative conditions of Section 28 of the Law (relating to

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Panayiotis Agisilaou, Stephanie Theodotou, The Cyprus Commission for the Protection of Competition imposes a fine of €1.19 million on an airport company for abuse of dominant position (Hermes Airports), 16 May 2018, e-Competitions Bulletin May 2018, Art. N° 87924

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